CoStar Group, Inc. (CSGP) is a real estate services provider with a market cap of $29.3 billion, offering information, analytics, and online marketplace services for the commercial real estate industry. Despite a recent 29.2% dip from its 52-week high and an overall 21.4% decline in the past three months, CSGP reported better-than-expected Q3 results with a 20.4% increase in revenue year-over-year. Analysts maintain a “Moderate Buy” rating on the stock, with a mean price target of $92.40, suggesting a 33.9% premium to its current price levels. CSGP continues to be a major player in the real estate services industry.
Read more at Barchart: Is CoStar Group Stock Underperforming the Dow?
