RBC Capital Maintains Outperform on CoStar Gr, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ashish Sabadra maintains an Outperform rating on CoStar Group (NASDAQ:CSGP) but lowers the price target from $109 to $96.
July 24, 2024 | 4:58 pm
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RBC Capital analyst Ashish Sabadra maintains an Outperform rating on CoStar Group (NASDAQ:CSGP) but lowers the price target from $109 to $96.
The Outperform rating suggests continued confidence in CoStar Group's performance, but the lowered price target indicates a more conservative 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