Evercore ISI Group Maintains Outperform on Costco Wholesale, Raises Price Target to $805
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $795 to $805.
April 11, 2024 | 1:43 pm
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Evercore ISI Group maintains an Outperform rating on Costco Wholesale and raises the price target from $795 to $805.
The increase in the price target by Evercore ISI Group reflects a positive outlook on Costco Wholesale's stock, suggesting potential upside. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100