Analyst Expectations For Costco Wholesale's Future
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Costco Wholesale (NASDAQ:COST) over the last quarter show a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $815.83, with a high estimate of $940.00 and a low estimate of $650.00. Recent analyst actions include several upgrades and maintained ratings, reflecting positive sentiment towards Costco's financial performance and market position.
June 14, 2024 | 8:00 pm
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Analysts have shown a generally positive sentiment towards Costco Wholesale (NASDAQ:COST) with several upgrades and maintained ratings. The average 12-month price target has increased to $815.83, indicating confidence in Costco's financial performance and market position.
The increase in the average price target and the number of upgrades from analysts indicate a positive outlook for Costco's stock. This is supported by Costco's strong financial performance, including revenue growth, net margin, ROE, and ROA, which surpass industry averages.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100