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Fly News Breaks for September 13, 2017
Sep 13, 2017 | 07:26 EDT
SunTrust analyst Andrew W. Jeffrey, says that Costar's (CSGP) acquisition of ForRent " should enable CoStar to take share in the large and growing Multifamily marketplace." He adds that ForRent's sales force should enable Costar's bookings growth to accelerate, and he thinks its synergy guidance is "conservative." Jeffrey keeps a $310 price target and a Buy rating on CoStar.
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