Check Out What Whales Are Doing With COST
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 trades range from $500.0 to $590.0. The current price of COST is down -0.32% at $550.08. Analysts from JP Morgan, Telsey Advisory Group, B of A Securities, and DA Davidson have maintained their ratings on Costco, with price targets ranging from $570 to $620.
October 25, 2023 | 6:30 pm
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A significant investor has taken a bearish stance on Costco Wholesale. The current price of COST is down -0.32% at $550.08. Analysts have maintained their ratings on Costco, with price targets ranging from $570 to $620.
The bearish stance taken by a significant investor, combined with the current downward trend in the price of COST, could potentially lead to a short-term decrease in the stock price. However, the maintained ratings and price targets from analysts suggest a positive long-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100