Truist Securities Maintains Buy on Costco Wholesale, Raises Price Target to $815
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 $741 to $815.
March 08, 2024 | 2:16 pm
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Truist Securities has reaffirmed its Buy rating on Costco Wholesale and raised the price target from $741 to $815.
The increase in the price target by Truist Securities reflects a positive outlook on Costco Wholesale's stock, suggesting confidence in the company's future performance. This analyst endorsement is likely to instill investor confidence, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100