Check Out What Whales Are Doing With COST
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Costco Wholesale (NASDAQ:COST), with 66% of recent trades being bearish. The price target for Costco Wholesale over the last 3 months has been between $220.0 to $600.0. The current price of COST is down -0.95% at $539.76. Several advisory groups have maintained their positive ratings on Costco, with price targets ranging from $575 to $640.
August 21, 2023 | 3:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A significant investor has taken a bearish stance on Costco Wholesale. The price target for Costco Wholesale over the last 3 months has been between $220.0 to $600.0. Several advisory groups have maintained their positive ratings on Costco, with price targets ranging from $575 to $640.
The bearish stance taken by a significant investor could potentially drive the stock price down in the short term. However, the positive ratings and high price targets from advisory groups suggest a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100