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CoStar Group price target raised to $94 from $87 at Baird

Baird analyst Jeffrey Meuler raised the firm’s price target on CoStar Group to $94 from $87 and keeps an Outperform rating on the shares. The firm said Homes.com had a significant presence, and strong realtor/agent engagement, at NAR NXT Expo, as it advances its position and increases relator engagement/awareness of Homes.com ahead of national brand building and beginning monetization in 2024.

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