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CoStar Group to record high as KBW initiates at Outperform

Jul. 10, 2019 12:49 PM ETCoStar Group, Inc. (CSGP) StockCSGPBy: Jason Aycock, SA News Editor
  • CoStar Group (NASDAQ:CSGP) is up 1.9% following an initiation at Outperform by KBW.
  • The stock's tagged a record high today.
  • The company's set to benefit from secular tailwinds in the real estate market, rapidly moving toward digitization with an estimated total addressable market of $13B-$18B per year.
  • Sell-side analysts rate the stock Outperform on average, while it has a Quant Rating of Neutral.

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