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Fly News Breaks for July 5, 2017
CSGP
Jul 5, 2017 | 08:37 EDT
SunTrust analyst Andrew Jeffrey expects CoStar's organic revenue growth and EBITDA margin to accelerate, driven by its "proprietary data and lead-gen offerings, a significantly larger sales force, the benefits of aggressive marketing and likely 2018 LoopNet cross-sales." He raised his price target on the stock to $310 from $275 and keeps a Buy rating on the shares.
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