UBS Maintains Buy on Costco Wholesale, Lowers Price Target to $560
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $575 to $560.
May 26, 2023 | 12:59 pm
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NEUTRAL IMPACT
UBS analyst Michael Lasser maintains a Buy rating on Costco Wholesale but lowers the price target from $575 to $560.
The news of UBS maintaining a Buy rating on Costco Wholesale indicates a positive outlook for the company. However, the lowering of the price target from $575 to $560 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100