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CoStar Group price target raised to $91 from $83 at RBC Capital

RBC Capital analyst Ashish Sabadra raised the firm’s price target on CoStar Group (CSGP) to $91 from $83 and keeps a Sector Perform rating on the shares. Core Bookings accelerated to $81M driven by $45M of Multifamily bookings, but the Q3 Multifamily revenue guidance was modestly below expectations, the analyst tells investors in a research note. Solid sales momentum for Homes.com could likely result in elevated spending in 2026 weighing on profitability, the firm says.

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