Roth MKM Maintains Neutral on Costco Wholesale, Lowers Price Target to $482
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk maintains a Neutral rating on Costco Wholesale (NASDAQ:COST) and lowers the price target from $492 to $482.

May 26, 2023 | 1:01 pm
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NEUTRAL IMPACT
Roth MKM analyst Bill Kirk maintains a Neutral rating on Costco Wholesale and lowers the price target from $492 to $482.
The news of Roth MKM maintaining a Neutral rating on Costco Wholesale and lowering the price target may not have a significant short-term impact on the stock price. The lowered price target still indicates a positive outlook for the company, but the Neutral rating suggests that the analyst does not see any strong catalysts for the stock to outperform in the short term. As a result, the short-term price direction is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100