Telsey Advisory Group Maintains Outperform on Costco Wholesale, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $625 to $700.
December 15, 2023 | 10:21 am
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Telsey Advisory Group reaffirmed an Outperform rating on Costco Wholesale and raised the price target from $625 to $700, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Telsey Advisory Group typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 85
RELEVANCE 100