BMO Capital Reiterates Outperform on Costco Wholesale, Raises Price Target to $875
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has reiterated an Outperform rating on Costco Wholesale (NASDAQ:COST) and raised the price target from $800 to $875.
May 31, 2024 | 3:29 pm
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BMO Capital has reiterated an Outperform rating on Costco Wholesale and increased the price target from $800 to $875, indicating strong confidence in the company's performance.
The reiteration of an Outperform rating and the increase in the price target from $800 to $875 by BMO Capital suggests strong confidence in Costco's future performance. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100