Telsey Advisory Group Maintains Outperform on Costco Wholesale, Raises Price Target to $800
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $785 to $800.
March 08, 2024 | 10:36 am
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Costco Wholesale's Outperform rating is maintained by Telsey Advisory Group, with a raised price target from $785 to $800.
The maintenance of an Outperform rating combined with an increased price target typically signals analyst confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100