JMP Securities Maintains Market Outperform on CoStar Gr, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Nicholas Jones maintains a Market Outperform rating on CoStar Group (NASDAQ:CSGP) but lowers the price target from $110 to $90.
July 24, 2024 | 11:51 am
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NEUTRAL IMPACT
JMP Securities has maintained its Market Outperform rating on CoStar Group but has lowered the price target from $110 to $90.
The Market Outperform rating suggests continued confidence in CoStar Group's performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100