COSTAR GRP INC (CSGP) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of COSTAR GRP INC (CSGP) from OUTPERFORM to NEUTRAL on July 24, 2012, with a target price of $88.20.

CoStar Group, Inc. provides information services to the commercial real estate industry. Their wide array of digital service offerings includes a leasing marketplace, a selling marketplace, sales comparable information, decision support, contact management, tenant information, property marketing, and industry news. They have three assets that provide a unique foundation for this marketplace: comprehensive national databases large research department and large number of participating organizations.

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