JP Morgan Cuts Price Targets for CoStar Group and Boeing
JP Morgan lowered its CoStar Group target to $44 from $52 and Boeing's to $240 from $290, keeping Overweight ratings. Source: Dow Jones Newswires.
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what happened
JP Morgan cut its price target for CoStar Group shares to $44 from $52, while keeping its Overweight rating unchanged. Dow Jones Newswires reported the move, citing data from Benzinga, with the item published at 19:44 GMT.
Around the same time, according to the same source, JP Morgan reduced its Boeing price target to $240 from $290 and also kept an Overweight rating. That report appeared at 19:42 GMT.
why it matters
Price target revisions like these are routine. They show how a bank is changing its valuation of a company, but they rarely move the broader market on their own, especially when the rating stays the same. Company earnings and guidance matter more for share prices.
tags
instruments
sources
- CoStar Group Price Target Cut to $44.00/Share From $52.00 by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:44 UTC
- Boeing Price Target Cut to $240.00/Share From $290.00 by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:42 UTC
- Paccar Price Target Cut to $132.00/Share From $142.00 by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:56 UTC
- Landstar Price Target Cut to $172.00/Share From $181.00 by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:53 UTC
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