As previously reported, BTIG analyst Jake Fuller upgraded CoStar Group (CSGP) to Buy from Neutral with an $80 price target Expectations are low, investment is past peak, Homes.com is gaining momentum and the firm thinks an upcoming AI-driven product update could resonate, the analyst tells investors. The firm, which is raising Q4 and FY26 revenue estimates, expects CoStar to ramp bookings, deliver double-digit organic growth and potentially beat Street expectations, the analyst added.
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Read More on CSGP:
- CoStar Group initiated with a Neutral at BNP Paribas
- CoStar Group price target lowered to $75 from $100 at Keefe Bruyette
- Balanced Risk/Reward and Reduced Valuation Drive Hold Rating on CoStar Shares
- CoStar Group price target lowered to $68 from $85 at Deutsche Bank
- CoStar Group price target lowered to $55 from $60 at Wells Fargo
