BMO Capital analyst Jeffrey Silber lowered the firm’s price target on CoStar Group (CSGP) to $53 from $72 and keeps a Market Perform rating on the shares. The company’s Q4 results beat on lower personnel costs and operating leverage, but net new bookings missed “whisper numbers” despite the y/y strength, the analyst tells investors in a research note.
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Read More on CSGP:
- CoStar Group price target lowered to $60 from $80 at BTIG
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