NMRK - Real Estate Company Newmark Upgraded: Analyst Highlights Strong Leasing And Capital Markets Growth In 2024 | Benzinga
Piper Sandler analyst Alexander Goldfarb upgraded the rating on Newmark Group Inc (NASDAQ: NMRK) to Overweight from Neutral at an increased price target of $13 from $7.
The analyst expects 2024 leasing and capital markets to be a surprise on the upside, led by optimism amid an easing rate environment and steady progress of tenants competing for top-tier space.
The analyst expects NMRK to benefit from further loan portfolio ...