CoStar Group Inc
CSGP: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !> | LOCK|@Yq%c | LOCK|v&p<&?P |
CoStar Group: Struggling Residential Business Attracts Warranted Scrutiny but Shares Still Cheap
In recent weeks, Dan Loeb's Third Point fund and D.E. Shaw have written scathing letters to CoStar's management demanding a shakeup of the board of directors and a shift in business strategy as the real estate firm continues to invest heavily in its struggling residential real estate businesses.
