JP Morgan Maintains Overweight on Costco Wholesale, Raises Price Target to $620
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 $571 to $620.
October 05, 2023 | 2:52 pm
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JP Morgan maintains an Overweight rating on Costco Wholesale and raises the price target from $571 to $620, 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