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Fly News Breaks for July 24, 2019
CSGP
Jul 24, 2019 | 07:26 EDT
Needham analyst Mayank Tandon raised his price target on CoStar Group to $675 and kept his Buy rating after its "strong" Q2 results, raised guidance, and record levels of net new bookings. The analyst highlights the company's multifamily segment, where net new bookings hit a record for the 3rd straight quarter, and also believes that its "already dominant" market leadership is continuing to grow.
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