JP Morgan Maintains Overweight on Costco Wholesale, Raises Price Target to $571
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $525 to $571.
September 27, 2023 | 12:04 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Costco Wholesale and raises the price target from $525 to $571, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Costco Wholesale. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100