CoStar Group, Inc. (CSGP) Price Target Slashed, But Analysts Still See Upside

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CoStar Group, Inc. (NASDAQ:CSGP) is among the most promising maturation stocks according to analysts. On January 12, Ryan Tomasello from Keefe Bruyette reduced the terms people connected CoStar Group, Inc. (NASDAQ:CSGP) to $75 from $100, portion maintaining an ‘Outperform’ rating. As the expert notes successful a probe note, the likelihood of activism whitethorn assistance support a level successful the banal terms implicit the coming period.

This downward readjustment successful people terms follows the company’s preliminary 2026 guidance and medium-term targets, which the steadfast calls disappointing yet indicative of “consistent and beardown net expansion” that could supply the instauration for a banal surge successful the future. Additionally, Keefe, Bruyette highlighted the company’s ongoing 0.8x growth-adjusted multiple, which it believes is comparatively inexpensive fixed its maturation profile.

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Recently, respective analysts person revised their outlooks for CoStar Group, Inc. (NASDAQ:CSGP) negatively. On January 8, Wells Fargo trimmed the terms people connected the institution to $55.00 from $60.00 and maintained an ‘Underweight’ standing connected the stock. On the aforesaid day, BMO Capital besides chopped the terms people connected the institution to $72.00 from $77.00, keeping the standing of ‘Market Perform’ unchanged.

CoStar Group, Inc. (NASDAQ:CSGP) is simply a Virginia-based supplier of information, analytics, and online marketplace services. Founded successful 1987, the institution offers CoStar Property, CoStar Leasing, CoStar Owners, CoStar Markets, and CoStar Tenant, among others.

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