Evercore ISI Group Maintains Outperform on Costco Wholesale, Raises Price Target to $600
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $595 to $600.
September 08, 2023 | 3:31 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an Outperform rating on Costco Wholesale and raises the price target from $595 to $600. This could potentially lead to an increase in the stock's price.
The raised price target by Evercore ISI Group indicates a positive outlook for Costco Wholesale. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100