Wells Fargo positive on CoStar Group

|About: CoStar Group, Inc. (CSGP)|By:, SA News Editor

Wells Fargo names CoStar Group (CSGP +1.1%) a top pick for 2019 in the information and business services sector.

The firm thinks CSGP can continue to grow organic revenue in the mid-teens driven off multifamily's ~20% growth, CoStar Suite, LoopNet Premium Lister for brokers and Power Listings for owners - as well as some more strategic M&A.

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