Loop Capital Maintains Buy on Costco Wholesale, Lowers Price Target to $545
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $550 to $545.
May 26, 2023 | 1:28 pm
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Loop Capital analyst Laura Champine maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $550 to $545.
The news of Loop Capital maintaining a Buy rating on Costco Wholesale indicates a positive outlook for the company. However, the lowering of the price target from $550 to $545 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100