Citizens reiterates Newmark stock rating on hiring momentum
Citizens reiterated a Market Outperform rating and $22.00 price target on Newmark Group (NASDAQ:NMRK), citing hiring momentum domestically and abroad that could drive market share and earnings upside. The firm values shares at 7.7x 2026E EPS versus peers’ mid-17x. Newmark reported Q2 revenue of $888.4M (+17%) and adj. EPS $0.39.



