Telsey Advisory Group Reiterates Outperform on Costco Wholesale, Maintains $600 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 $600.
November 27, 2023 | 10:28 am
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POSITIVE IMPACT
Telsey Advisory Group reaffirms Costco Wholesale's Outperform rating with a steady price target of $600, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a reputable analyst firm like Telsey Advisory Group typically instills confidence in investors and can have a positive impact on the stock price in the short term. The maintenance of a high price target suggests that the analyst sees continued upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100