Stifel Maintains Buy on Costco Wholesale, Raises Price Target to $675
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Mark Astrachan has maintained a Buy rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $615 to $675, indicating a positive outlook on the company's stock.

December 15, 2023 | 5:39 pm
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Stifel analyst Mark Astrachan has reaffirmed a Buy rating on Costco Wholesale and raised the price target to $675, suggesting confidence in the company's stock performance.
The increase in price target by Stifel reflects a strong positive sentiment towards Costco Wholesale's stock, which is likely to influence investors' perception and could lead to a short-term increase in the stock price. Analyst ratings and price target adjustments are significant factors that investors consider when making decisions, and a higher price target from a reputable analyst could result in increased investor interest and buying pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100