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ubs upgrades cohen and steers to neutral raises price target significantly

UBS has upgraded Cohen & Steers (NYSE: CNS) to Neutral from Sell, raising the price target to $102 from $63, citing improved fundamentals and a robust $1.3 billion inflow in Q3. Despite a positive outlook, caution is advised due to high stock valuation compared to historical averages. The firm also announced leadership changes and plans for new growth initiatives, including active ETFs.
investing.com
United States Dollar Cohen & Steers, Inc. BNY Mellon Municipal Income, Inc. UBS SA USA Dan Noonan Raja Dakkuri Lisa Dolly Show more
TradFi, Market Report
12:53 17.10.2024
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