This Is What Whales Are Betting On Costco Wholesale
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Costco Wholesale (NASDAQ:COST), with 63% of recent trades being bearish. The price target for Costco Wholesale over the last 3 months has been between $560.0 to $600.0. The current price of COST is up 1.16% at $570.09. Analysts from Morgan Stanley, Deutsche Bank, BMO Capital, and Evercore ISI Group maintain positive ratings on Costco, while Telsey Advisory Group downgraded its action to Outperform with a price target of $575.

September 28, 2023 | 4:03 pm
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Costco Wholesale has seen a bearish stance from a significant investor, with a price target between $560.0 to $600.0. The stock is currently up 1.16% at $570.09. Analyst ratings are mixed.
The bearish stance from a significant investor could potentially impact the stock negatively. However, the stock is currently up and analyst ratings are mixed, which could balance out the potential negative impact. The price target indicates potential for growth.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100