Fly News Breaks for February 22, 2018
CSGP
Feb 22, 2018 | 13:18 EDT
Stephens analyst Brett Huff said he would be a buyer of CoStar Group following the company's earnings report and associated call, noting that the company's CEO said on the call that sales momentum is the strongest he has ever seen at the company. After last December, this past January was the second best month ever for sales, he added, according to Huff, who maintains an Overweight rating on the CoStar and its reviewing his $395 price target.
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.