Oppenheimer Initiates Cohen & Steers With Outperform

Oppenheimer initiated coverage on

with a Outperform rating. The target price for Cohen & Steers is set to $18. Cohen & Steers shares have dropped 13.57 percent over the past 52 weeks, while the S&P 500 index has surged 8.92 percent in the same period. Cohen & Steers shares closed at $35.78 yesterday.