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Fly News Breaks for January 3, 2019
CBRE
Jan 3, 2019 | 08:10 EDT
As previously reported, BofA/Merrill downgraded CBRE Group to Neutral from Buy and lowered its price target to $43 from $47. Analyst David Ridley-Lane said CBRE has difficult comparisons in 2019 and believes initial 2019 adjusted earnings guidance could fall short of current consensus expectations.
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