BMO Capital, Needham Cut CoStar Group (CSGP) Price Target

On February 26, BMO Capital expert Jeffrey Silber chopped the terms people connected CoStar Group Inc. (NASDAQ:CSGP) to $53 from $72 portion keeping a Market Perform standing connected the shares. According to the analyst, the company’s nett caller bookings missed expectations contempt year-on-year strength.

Meanwhile, connected February 25, Needham lowered its terms people connected CoStar Group Inc. (NASDAQ:CSGP) to $60 from $80 portion retaining its Buy rating. In its report, Needham noted CoStar Group Inc. (NASDAQ:CSGP)’s fourth-quarter results exceeded expectations connected some gross and net owed to broad-based maturation and disbursal discipline. The institution generated $75 cardinal of nett caller bookings successful the 4th quarter, up 42% year-over-year, and recorded $308 cardinal successful full bookings for fiscal twelvemonth 2025, representing a 23.2% year-over-year increase.

Needham besides said it remains affirmative connected the shares arsenic CoStar Group Inc. (NASDAQ:CSGP) continues to execute connected its digitization strategy and make double-digit maturation portion improving margins. The institution maintains an awesome 79% gross nett margin.

CoStar Group Inc. (NASDAQ:CSGP) provides online existent property marketplaces, information, and analytics for the commercialized and residential spot markets.

While we admit the imaginable of CSGP arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 13 Hot Stocks to Buy with the Highest Upside Potential and 10 Best High-Upside Materials Stocks to Buy.

Disclosure: None. Follow Insider Monkey connected Google News.