Companies in the Technology sector have received a lot of coverage today as analysts weigh in on CoStar Group (CSGP) and Castlight Health (CSLT).
CoStar Group (CSGP)
Stephens analyst Brett Huff maintained a Buy rating on CoStar Group today and set a price target of $811.00. The company’s shares closed last Monday at $698.25, close to its 52-week high of $746.70.
According to TipRanks.com, Huff is a top 25 analyst with an average return of 30.3% and a 87.9% success rate. Huff covers the Technology sector, focusing on stocks such as Jack Henry & Associates, ACI Worldwide, and Fiserv.
Currently, the analyst consensus on CoStar Group is a Strong Buy with an average price target of $789.60, representing an 11.0% upside. In a report issued on February 13, B.Riley FBR also maintained a Buy rating on the stock with a $780.00 price target.
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Castlight Health (CSLT)
Cantor Fitzgerald analyst Steven Halper reiterated a Hold rating on Castlight Health today and set a price target of $2.00. The company’s shares closed last Monday at $1.30, close to its 52-week low of $1.01.
According to TipRanks.com, Halper is a 5-star analyst with an average return of 13.6% and a 62.8% success rate. Halper covers the Services sector, focusing on stocks such as Evolent Health, Tivity Health, and Hms Holdings.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Castlight Health with a $1.20 average price target.
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