SunTrust analyst Andrew Jeffrey raised his price target on CoStar Group to $560 and kept his Buy rating, citing the company's "across the board monetization momentum". The analyst contends that CoStar is "rapidly taking share" in the Apartments business and also making investments to sustain its above-average long-term organic revenue growth. Jeffrey further cites the company's "new solutions" toward more "effective" monetization of its Multifamily and CRE Marketplaces, anticipating low-teen organic revenue growth as property owners invest more to maintain occupancy and cash flow if today's low-vacancy conditions recede.