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Analysts Have Conflicting Sentiments on These Real Estate Companies: BXP (BXP) and CoStar Group (CSGP)

Tipranks - Wed Mar 4, 11:02AM CST

Analysts have been eager to weigh in on the Real Estate sector with new ratings on BXP (BXPResearch Report) and CoStar Group (CSGPResearch Report).

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BXP (BXP)

Morgan Stanley analyst Ronald Kamdem maintained a Hold rating on BXP today and set a price target of $60.00. The company’s shares closed last Tuesday at $54.41.

According to TipRanks.com, Kamdem is a 5-star analyst with an average return of 10.5% and a 62.8% success rate. Kamdem covers the NA sector, focusing on stocks such as National Storage Affiliates, Phillips Edison & Company, and Curbline Properties Corp. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BXP with a $71.87 average price target, representing a 30.8% upside. In a report issued on February 24, Mizuho Securities also downgraded the stock to Hold with a $62.00 price target.

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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 $46.67.

According to TipRanks.com, Sheldon is ranked 0 out of 5 stars with an average return of -7.5% and a 34.6% 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 $63.53, implying a 38.5% 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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