Evercore ISI Group Maintains Outperform on Costco Wholesale, Raises Price Target to $820
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 $810 to $820.
May 14, 2024 | 12:52 pm
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Evercore ISI Group has maintained its Outperform rating on Costco Wholesale and increased the price target from $810 to $820, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a strong confidence in Costco's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100