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Fly News Breaks for October 18, 2019
NMRK
Oct 18, 2019 | 05:52 EDT
BofA/Merrill analyst Michael Funk reinstated coverage of Newmark Group with a Buy rating and $15 price target. The analyst views the current valuation as attractive as he believes the company can outgrow the industry through cross-selling services and adding revenue-generating professionals to its platform.
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