Truist Securities Maintains Buy on Costco Wholesale, Lowers Price Target to $567
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $568 to $567.

May 26, 2023 | 12:03 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $568 to $567.
The news of Truist Securities maintaining a Buy rating on Costco Wholesale indicates a positive outlook for the company. However, the slight decrease in the price target from $568 to $567 may not have a significant short-term impact on the stock price, as it is a minor adjustment. The relevance and importance of this news are high for investors in COST, but the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100