US Lodging Industry To Experience Full Recovery By 2023: Report
The U.S. lodging industry is on track for a full recovery in 2023 from the pandemic-induced chaos, according to a new forecast from CBRE (NYSE: CBRE).
Raymond James Maintains Outperform on CBRE Group, Raises Price Target to $122
Raymond James analyst Patrick O'Shaughnessy maintains CBRE Group (NYSE:CBRE) with a Outperform and raises the price target from $111 to $122.
Earnings Scheduled For May 5, 2022
Companies Reporting Before The Bell
• Mirum Pharmaceuticals (NASDAQ:MIRM) is expected to report quarterly loss at $1.34 per share on revenue of $8.46 million.
Raymond James Maintains Outperform on CBRE Group, Lowers Price Target to $111
Raymond James analyst Patrick O'Shaughnessy maintains CBRE Group (NYSE:CBRE) with a Outperform and lowers the price target from $126 to $111.
Death Cross Looms Over CBRE Group Investors
If history is any guide, there may be trouble ahead for shares of CBRE Group (NYSE:CBRE). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Exclusive: What’s Next For The Lodging Industry?
Within the commercial real estate industry, the lodging sector was among the most seriously impacted during the first year of the COVID-19 pandemic. But during the course of 2021, the sector began to regain some of its vitality, and many industry leaders believe this positive trend could continue into 2022.
CBRE Acquisition Holdings Announces Stockholder Approval Of Business Combination With Altus Power
CBRE Acquisition Holdings, Inc. (NYSE:CBAH) ("CBAH"), a publicly traded special purpose acquisition company, today announced that its stockholders voted to approve the previously announced business combination
December SPAC Merger Calendar: Upcoming Votes, Stocks To Watch
The month of December shows an increasing number of SPAC deal votes.
SPAC merger votes can act as a catalyst, as the votes complete the last step in the merger process and change the company over to a new name and ticker that can help build recognition.
CBRE Group Q3 EPS $1.39 Beats $1.16 Estimate, Sales $6.80B Beat $6.64B Estimate
CBRE Group (NYSE:CBRE) reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.16 by 19.83 percent. This is a 90.41 percent increase over earnings of $0.73 per share from the same