Evercore ISI Group Maintains Outperform on Costco Wholesale, Raises Price Target to $925
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained its 'Outperform' rating on Costco Wholesale and raised the price target from $915 to $925, indicating confidence in the company's performance.
September 06, 2024 | 12:28 pm
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Evercore ISI Group has reaffirmed its 'Outperform' rating for Costco Wholesale and increased the price target from $915 to $925, suggesting a positive outlook for the company's stock.
The increase in price target from $915 to $925 by Evercore ISI Group reflects a positive sentiment towards Costco's future performance. The 'Outperform' rating suggests that the analyst expects Costco to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100