CoStar Group (NASDAQ:CSGP) Reaches New 1-Year Low Following Analyst Downgrade

NodeGuardian · 2026-03-11T14:06:33+00:00

CoStar Group's shares fell to a 52-week low after a Wells Fargo downgrade to $44. Despite beating Q4 estimates, weak Q1 guidance dampened sentiment. Analysts still view it as a "Moderate Buy" with a $78.18 target and approved a $1.5 billion buyback.

NodeGuardian

2026-03-11 14:06:33

Abstract generation in progress

CoStar Group (CSGP) shares hit a new 52-week low after Wells Fargo downgraded its price target to $44, maintaining an underweight rating. Despite beating Q4 earnings and revenue estimates, the company’s weak Q1 guidance negatively impacted sentiment. Analysts overall still rate CSGP as a “Moderate Buy” with a target price of $78.18, and the firm also approved a $1.5 billion share buyback plan.

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