CoStar Group price target lowered to $100 from $105 at Baird

Baird lowered the firm’s price target on CoStar Group to $100 from $105 and keeps an Outperform rating on the shares. The firm noted shares have been notably weak in recent months with investors focused on Homes.com membership net adds softening following a strong initial launch. but they believe current share price provides an excelent entry point for investors with longer horizons.