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Fly News Breaks for July 25, 2018
CSGP
Jul 25, 2018 | 09:26 EDT
SunTrust analyst Andrew Jeffrey raised his price target on CoStar Group to $475 and kept his Buy rating after its Q2 earnings, saying the company is "refining its value proposition, enjoying robust LoopNet cross-sales, boosting ad monetization and integrating ForRent". Jeffrey notes that these efforts are helping the company improve its solution quality leading to share gains and sales productivity, with "ample" upside coming in terms of price and cross-sale opportunity.
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CSGP
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