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CoStar Group (CSGP) Shows Strength: Stock Moves 7.9% Higher

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CoStar Group, Inc. (CSGP - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The upside was driven by the company’s strong results for first-quarter 2017, which topped estimates. Also, this led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 14% in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CoStar Group currently carries a Zacks Rank #3 (Hold).

CoStar Group, Inc. Price

 

A better-ranked stock in the Computers – IT Services industry is CSRA Inc. holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is CSGP going up? Or down? Predict to see what others think: Up or Down

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