Goldman Sachs Reinstates Buy on CoStar Gr, Announces $98 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong has reinstated CoStar Group (NASDAQ:CSGP) with a Buy rating and set a price target of $98. This indicates a positive outlook for CoStar Group's stock.

December 18, 2023 | 1:36 pm
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Goldman Sachs analyst George Tong reinstated CoStar Group with a Buy rating and a price target of $98, suggesting a positive future performance for the stock.
Analyst ratings, especially from prominent firms like Goldman Sachs, can significantly influence investor sentiment and stock prices. The reinstatement of a Buy rating combined with a specific price target provides a clear positive signal to the market, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100