Melius Research Initiates Coverage On Costco Wholesale with Hold Rating, Announces Price Target of $950
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Costco Wholesale with a Hold rating and set a price target of $950.
September 23, 2024 | 5:56 pm
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NEUTRAL IMPACT
Melius Research has initiated coverage on Costco Wholesale with a Hold rating and a price target of $950, indicating a neutral stance on the stock.
The Hold rating suggests that the analyst does not expect significant short-term movement in Costco's stock price. The price target of $950 provides a benchmark for investors, but the Hold rating indicates a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100