Barclays Maintains Equal-Weight on Costco Wholesale, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $614 to $700.
March 11, 2024 | 10:11 am
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Barclays has maintained an Equal-Weight rating on Costco Wholesale and raised the price target from $614 to $700.
The increase in price target by Barclays reflects a positive outlook on Costco Wholesale's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100