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Fly News Breaks for January 14, 2019
CSGP
Jan 14, 2019 | 07:10 EDT
Citi analyst Peter Christiansen says his main takeaway from meetings with CoStar Group's investor relations is that the initiatives that previously hampered the company's salesforce productivity in Q2 and Q3 are wrapped up and its bookings should reaccelerate. The analyst views the stock's "one-third retracement" as a "solid buying opportunity." He keeps a Buy rating on the shares with a $490 price target.
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