Needham Maintains Buy on CoStar Gr, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reaffirmed a Buy rating on CoStar Group (NASDAQ:CSGP) and increased the price target from $80 to $105.
December 18, 2023 | 11:31 am
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POSITIVE IMPACT
Needham analyst Mayank Tandon maintains a Buy rating on CoStar Group and raises the price target to $105, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100