Needham Maintains Buy on CoStar Gr, Raises Price Target to $115
Needham analyst Mayank Tandon maintains CoStar Gr (NASDAQ:CSGP) with a Buy and raises the price target from $105 to $115.
Recap: CoStar Group Q3 Earnings
CoStar Gr (NASDAQ:CSGP) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
CoStar Gr beat their estimated earnings by 8.7%, which did not surprise analysts.
CoStar Group Q3 Adj. EPS $0.25 Beats $0.23 Estimate, Sales $499.00M Beat $497.89M Estimate
CoStar Group (NASDAQ:CSGP) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.23 by 8.7 percent. This is a 8.7 percent increase over earnings of $0.23 per share from the same
Earnings Scheduled For October 26, 2021
Companies Reporting Before The Bell
• Veoneer (NYSE:VNE) is likely to report quarterly loss at $0.83 per share on revenue of $408.69 million.
A Bullish Sign Appears On CoStar Gr’s Chart
If history is any guide, there may be good fortune ahead for shares of CoStar Gr(NASDAQ:CSGP). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.
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