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Stephens Remains a Buy on CoStar Group (CSGP)
In a report released today, from Stephens maintained a Buy rating on CoStar Group, with a price target of $70.00.
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In addition to Stephens, CoStar Group also received a Buy from Deutsche Bank ‘s Faiza Alwy in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on CoStar Group (NASDAQ: CSGP).
Based on CoStar Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $833.6 million and a GAAP net loss of $30.9 million. In comparison, last year the company earned a revenue of $692.6 million and had a net profit of $53 million
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- CoStar Group price target lowered to $55 from $68 at Deutsche Bank
- CoStar Group price target lowered to $82 from $101 at JPMorgan
- CoStar Group price target lowered to $70 from $75 at Keefe Bruyette
- CoStar Group price target lowered to $73 from $84 at Goldman Sachs
- CoStar Group: Strong FY25 Finish, Robust Bookings Growth, and Digitization Progress Support Buy Rating Despite Lowered $60 Target
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