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Analysts’ Opinions Are Mixed on These Real Estate Stocks: CoStar Group (CSGP) and American Tower (AMT)

Tipranks - Thu Feb 26, 4:36AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on CoStar Group (CSGPResearch Report) and American Tower (AMTResearch Report).

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CoStar Group (CSGP)

In a report released today, Stephen Sheldon from William Blair reiterated a Buy rating on CoStar Group. The company’s shares closed last Tuesday at $49.15.

According to TipRanks.com, Sheldon has 0 stars on 0-5 stars ranking scale with an average return of -9.6% and a 30.7% success rate. Sheldon covers the Technology sector, focusing on stocks such as Par Technology, Toast Inc, and Agilysys. ;'>

Currently, the analyst consensus on CoStar Group is a Moderate Buy with an average price target of $72.62, a 52.7% upside from current levels. In a report issued on February 20, Jefferies also upgraded the stock to Buy with a $67.00 price target.

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American Tower (AMT)

KeyBanc analyst Brandon Nispel maintained a Hold rating on American Tower today. The company’s shares closed last Tuesday at $190.19.

According to TipRanks.com, Nispel is a 4-star analyst with an average return of 3.9% and a 52.5% success rate. Nispel covers the NA sector, focusing on stocks such as Charter Communications, Cogent Comms, and T Mobile US. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Tower with a $213.83 average price target, implying a 13.6% upside from current levels. In a report released today, BMO Capital also maintained a Hold rating on the stock with a $200.00 price target.

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