Cushman & Wakefield Stock Surges on Citi Upgrade

Cushman and Wakefields stock surged by over eight percent following Citis upgrade from neutral to buy, setting a new price target of eighteen dollars per share. This positive movement comes after the companys shares closed at sixteen dollars and one cent earlier this week, marking an eight point six percent increase. The stock has shown volatility in the past year, but todays rise indicates growing confidence in the companys future in the commercial real estate sector. With a twenty-eight point three percent year-to-date increase, the stock is nearing its fifty-two-week high and has provided a steady return for long-term holders.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.