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Fly News Breaks for January 23, 2018
CSGP
Jan 23, 2018 | 05:16 EDT
Citi analyst Peter Christiansen raised his price target for CoStar Group to $425 from $320 and added the shares to his firm's U.S. Focus List. After several years of "investments, delays, and fixes, the pieces are finally beginning to come together," Christiansen tells investors in a research note. He believes the Street is underappreciating the upside opportunity and that the shares have "more room to run." The analyst keeps a Buy rating on CoStar.
News For CSGP From the Last 2 Days
CSGP
Mar 18, 2024 | 09:55 EDT
Notable gainers among liquid option names this morning include Alphabet Class A (GOOGL) $150.68 +9.50, Alphabet (GOOG) $151.47 +9.31, CoStar Group (CSGP) $99.90 +4.72, NVIDIA (NVDA) $915.52 +37.16, and PepsiCo (PEP) $169.57 +4.91.
CSGP
Mar 18, 2024 | 06:31 EDT
JMP Securities raised the firm's price target on CoStar Group to $110 from $85 and keeps an Outperform rating on the shares. The firm is encouraged by the National Association of Realtors Antitrust Settlement, which, pending a judge's approval, should remove an overhang around speculation regarding what a resolution may look like, the analyst tells investors in a research note. The firm sees a more favorable environment for Homes.com's monetization model, though it is still early to gauge the impact on revenue growth.