Loop Capital Maintains Buy on Costco Wholesale, Lowers Price Target to $820
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Buy rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $830 to $820.

April 11, 2024 | 6:30 pm
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Costco Wholesale's Buy rating is maintained by Loop Capital, with a slight decrease in price target from $830 to $820.
The adjustment in price target by a reputable analyst could influence investor sentiment, potentially causing short-term price fluctuations. However, the maintenance of a Buy rating suggests a continued positive outlook on the stock, which might mitigate any negative impact from the reduced price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100