Raymond James analyst Patrick O’Shaughnessy downgraded CBRE Group (CBRE) to Outperform from Strong Buy with a price target of $152, down from $155. The firm cites valuation for the downgrade.

O n Friday, Raymond (NSE:RYMD) James analyst Patrick O'Shaughnessy adjusted the rating and price target for CBRE Group (NYSE:CBRE), a leading real estate services company. The firm downgraded CBRE ...

Raymond James became slightly less bullish on CBRE's (NYSE:CBRE) stock, downgrading its recommendation to Outperform from Strong Buy primarily on valuation. "We continue to view CBRE as having the ...