Costco Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Costco Wholesale Corporation (NASDAQ:COST) is expected to report higher Q3 earnings of $3.29 per share, up from $3.04 last year, with revenues of $54.57 billion. Analysts have recently updated their price targets, with most predicting an upside for the stock.
May 25, 2023 | 11:56 am
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Costco is expected to report higher Q3 earnings and has received updated price targets from analysts, most of whom predict an upside for the stock.
The news of Costco's expected higher Q3 earnings and updated price targets from analysts, most of whom predict an upside for the stock, is likely to have a positive short-term impact on the stock price. Investors may see this as a sign of the company's strong performance and potential for growth, leading to increased demand for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100