CoStar Group, Inc. $CSGP Shares Purchased by First Trust Advisors LP

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First Trust Advisors LP has increased its stake in CoStar Group, Inc. (NASDAQ:CSGP) by 9.4% during the 3rd quarter, now owning 674,750 shares worth $56.93 million. Other institutional investors have also adjusted their holdings. Analysts currently rate CoStar Group with a “Moderate Buy” and an average target price of $73.35, despite some recent price target reductions and a stock buyback program approved by the board.

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