🟢 CSGP shares rebound 4.07% after sell-off from Citigroup price target cut

CSGP is trading at $38.90 (+4.07%) in pre-market, recovering from a sharp decline yesterday that was driven by an analyst price target reduction.

• On April 23, Citigroup maintained a "Buy" rating on CSGP but significantly lowered its price target to $70.00 from a previous $100.00, prompting a -3.59% drop in the share price.
• Today's gain appears to be a technical rebound as the broader tech sector shows signs of stabilization, with the NASDAQ up 0.64%.
• Shares had closed at $37.38 on April 23 following the news of the price target adjustment.