Roth MKM Maintains Neutral on Costco Wholesale, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk has maintained a Neutral rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $601 to $650.
April 11, 2024 | 12:31 pm
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Roth MKM has maintained a Neutral rating on Costco Wholesale but raised the price target from $601 to $650.
The increase in price target by Roth MKM suggests a positive outlook on Costco's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Costco, potentially leading to an increase in investor confidence and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100