Telsey Advisory Group Reiterates Outperform on Costco Wholesale, Maintains $575 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated an 'Outperform' rating on Costco Wholesale (NASDAQ:COST) and maintained a price target of $575.
October 02, 2023 | 9:36 am
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POSITIVE IMPACT
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 rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100