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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.
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