Telsey Advisory Group Reiterates Outperform on Costco Wholesale, Maintains $575 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Costco Wholesale (NASDAQ:COST) and maintained a price target of $575.
August 31, 2023 | 9:10 am
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Costco Wholesale's stock rating has been reiterated as 'Outperform' by Telsey Advisory Group, with a maintained price target of $575.
The reiteration of an 'Outperform' rating by a reputable analyst group like Telsey Advisory Group is a positive signal for Costco Wholesale. The maintained price target of $575 indicates that the analysts believe the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100