Citigroup Maintains Neutral on Costco Wholesale, Raises Price Target to $710
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Costco Wholesale (NASDAQ:COST) and increased the price target from $630 to $710.
April 23, 2024 | 4:32 pm
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POSITIVE IMPACT
Citigroup maintains a Neutral rating on Costco Wholesale and raises the price target from $630 to $710.
The increase in price target by Citigroup reflects a positive outlook on Costco's stock value in the short term, potentially leading to increased investor confidence and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100