Truist Securities Maintains Buy on Costco Wholesale, Raises Price Target to $741
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Buy rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $693 to $741.
December 21, 2023 | 3:26 pm
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Truist Securities analyst Scot Ciccarelli has reaffirmed a Buy rating on Costco Wholesale and raised the price target from $693 to $741, indicating a positive outlook on the stock.
The increase in price target by Truist Securities reflects a positive assessment of Costco's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100