Baird lowered the firm’s price target on CoStar Group (CSGP) to $48 from $56 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results which showed softer bookings but still implies solid organic revenue growth.
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Read More on CSGP:
- CoStar Group price target lowered to $50 from $57 at Keefe Bruyette
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- CoStar Earns Buy Rating on Profit Upside and 2026 EBITDA Guidance Raise Despite Softer Bookings
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- CoStar Group reports Q1 EPS 23c, consensus 18c
