Costco Wholesale Stock: A Deep Dive Into Analyst Perspectives (21 Ratings)
Portfolio Pulse from Benzinga Insights
Costco Wholesale (NASDAQ:COST) has been evaluated by 21 analysts over the last three months, showing a diverse range of opinions. The average 12-month price target for COST has increased by 8.92% to $698.24. Analysts have frequently updated their ratings, with many raising their price targets, reflecting a positive outlook on the company's performance. Costco's financials indicate strong market position, revenue growth, profitability, and efficient use of equity and assets, with a low dependency on debt financing.
March 04, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Costco Wholesale's stock has received positive evaluations from analysts, with an increased average 12-month price target and numerous rating upgrades. The company's strong financial performance and market position further support a positive outlook.
The positive analyst ratings and upgrades, combined with Costco's strong financial performance and market dominance, suggest a likely increase in investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100