JMP Securities Maintains Market Outperform on CoStar Gr, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones has maintained a 'Market Outperform' rating on CoStar Gr (NASDAQ:CSGP) but lowered the price target from $100 to $90.
October 25, 2023 | 2:32 pm
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NEUTRAL IMPACT
CoStar Gr's price target has been lowered from $100 to $90 by JMP Securities, though the 'Market Outperform' rating is maintained.
The lowering of the price target by JMP Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the 'Market Outperform' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100