Goldman Sachs Maintains Buy on Costco Wholesale, Raises Price Target to $749
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $665 to $749, indicating a positive outlook on the stock.
February 08, 2024 | 3:37 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Costco Wholesale and increases the price target from $665 to $749.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100