DA Davidson Maintains Neutral on Costco Wholesale, Maintains $680 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Neutral rating on Costco Wholesale (NASDAQ:COST) and keeps the price target at $680.
April 11, 2024 | 3:02 pm
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NEUTRAL IMPACT
DA Davidson reaffirms a Neutral rating on Costco Wholesale with a $680 price target.
The reaffirmation of a Neutral rating and maintenance of the price target at $680 by DA Davidson suggests a stable outlook for Costco's stock in the short term. Given that there's no change in the rating or price target, the immediate impact on the stock price is likely to be neutral. The analysis is based on the assumption that the market has already priced in the expectations set by DA Davidson's previous assessments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90