Stephens analyst Brett Huff resumed coverage of CoStar Group (CSGP) with an Overweight rating and $105 price target “Big-picture positives” include CoStar’s commercial real estate data total addressable market with durable revenue growth and it being “early days” in its long-term international growth, while potential catalysts include data points supporting Matterport outperformance, a reduction of residential advertising and data points that support additional residential share taking, the analyst tells investors.
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