Analyst Expectations For CoStar Gr's Future
Portfolio Pulse from Benzinga Insights
CoStar Group (NASDAQ:CSGP) has been analyzed by 10 analysts, showing a range of sentiments from bullish to bearish. Recent evaluations indicate a decrease in the average 12-month price target by 7.35%, with a current average target of $98.3. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. CoStar Group is a leading provider of commercial real estate data, with strong financial health indicators such as high market capitalization, revenue growth, and profitability metrics.
September 06, 2024 | 6:00 pm
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CoStar Group has experienced a negative shift in analyst sentiment, with a 7.35% decrease in the average 12-month price target. Analysts have adjusted their ratings, reflecting concerns despite the company's strong financial health.
The decrease in the average price target by 7.35% and the adjustments in analyst ratings indicate a negative sentiment shift. Despite CoStar's strong financial metrics, the market may react to these changes in analyst expectations, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100