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Fly News Breaks for July 24, 2019
CSGP
Jul 24, 2019 | 09:30 EDT
SunTrust analyst Andrew Jeffrey raised his price target on CoStar Group to $650 and kept his Buy rating, saying the record bookings recorded by the company in Q2 reflect its sales force growth. The analyst contends that the company should be able to sustain its mid-teen organic revenue growth as it builds on the leadership in its commercial real estate platform and benefits from "impressive" multi-family sales.
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