Oppenheimer Maintains Outperform on Costco Wholesale, Lowers Price Target to $925
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rupesh Parikh maintains an Outperform rating on Costco Wholesale (NASDAQ:COST) but lowers the price target from $950 to $925.
August 08, 2024 | 12:18 pm
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Oppenheimer analyst Rupesh Parikh maintains an Outperform rating on Costco Wholesale but lowers the price target from $950 to $925.
The Outperform rating suggests continued confidence in Costco's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100