UBS Maintains Buy on Costco Wholesale, Raises Price Target to $725
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has maintained a Buy rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $640 to $725, indicating a positive outlook on the company's stock.
December 15, 2023 | 3:51 pm
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UBS analyst Michael Lasser reaffirms a Buy rating on Costco Wholesale and raises the price target to $725, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Michael Lasser from UBS is a strong positive signal to the market, often leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100