BofA analyst Curtis Nagle lowered the firm’s price target on CoStar Group (CSGP) to $74 from $86 and keeps a Neutral rating on the shares after the company announced a business update this morning and outlined its financial targets from 2026 onwards. The firm cut its price target as it believes a lower multiple is warranted given lower than expected long-term targets and core profitability, the analyst tells investors.
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