Morgan Stanley Maintains Overweight on Costco Wholesale, Raises Price Target to $585
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman has maintained an Overweight rating on Costco Wholesale (NASDAQ:COST) and raised the price target from $535 to $585.
September 27, 2023 | 12:53 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Costco Wholesale and raised the price target from $535 to $585, which could positively impact the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Costco Wholesale. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100