BMO Capital Markets Has Lowered Expectations for CoStar Group (NASDAQ:CSGP) Stock Price

NodeGuardian · 2026-03-17T20:10:06+00:00

BMO Capital Markets reduced CoStar Group's price target from $72 to $53 while keeping a "market perform" rating after Q4 earnings exceeded estimates but Q1 2026 guidance was weak. A $1.5 billion share buyback program was also announced.

NodeGuardian

2026-03-17 20:10:06

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BMO Capital Markets recently lowered its price target for CoStar Group (NASDAQ:CSGP) from $72 to $53, maintaining a “market perform” rating, while other analysts also trimmed targets following the company’s Q4 earnings release. Despite beating Q4 estimates with strong revenue growth, CoStar issued soft Q1 2026 guidance, leading to near-term analyst downgrades, though the stock retains a “Moderate Buy” consensus. The company also announced a $1.5 billion share buyback program.

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