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Fly News Breaks for April 24, 2019
CSGP
Apr 24, 2019 | 07:53 EDT
Needham analyst Mayank Tandon raised his price target on CoStar Group to $600 and kept his Buy rating after its "solid" Q1 results with an in-line sales and a beat on earnings per share / EBITDA. The analyst cites the company's strength in the multifamily segment, where bookings increased by 40% from last year while the Apartments.com marketplace average monthly visitor count grew by 20M. Tandon also points to CoStar having delivered "another quarter of margin upside" in spite of the management making continued investments for growth.
News For CSGP From the Last 2 Days
CSGP
Apr 25, 2024 | 17:08 EDT
Real Estate Services Analysts, along with James Dwiggns, CEO of NextHome, discuss the latest perspectives on the proposed National Association of Realtors (NAR) Settlement and the implications on brokerage business models (relevant companies ZG/Z, CSGP, COMP, RDFN, EXPI, HOUS, FTHM, REAX, RMAX) on an Analyst/Industry conference call to be held on May 1 at 11 am.