JPMorgan analyst Sterling Auty raised his price target for CoStar Group to $412 saying Q2 brought a "big margin beat" on cost cutting. The same primary revenue drivers continued in the June quarter with the core CoStar growing about 18% on the back of solid Loopnet conversions, Auty tells investors in a post-earnings research note. The analyst, however, keeps an Underperform rating on the shares.
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here