CBRE Is This Analyst's Top Pick Betting On Commercial Real Estate Recovery, Upgrades Stock
1. Morgan Stanley upgraded CBRE to Overweight, raising price target to $160. 2. Analyst forecasts $450 billion in transaction volume for 2025, a 13% increase. 3. Projected free cash flow of $1.1 billion in 2025 and $1.3 billion in 2026. 4. CBRE plans $5 billion for share repurchases and strategic acquisitions. 5. Analyst indicates confidence in a commercial real estate recovery in 2025.