Loop Capital Maintains Buy on Costco Wholesale, Raises Price Target to $1005
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Costco Wholesale and increased its price target from $975 to $1005, indicating confidence in the company's future performance.
September 27, 2024 | 11:56 am
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Loop Capital has reiterated its Buy rating for Costco Wholesale and increased the price target from $975 to $1005, suggesting positive expectations for the company's stock performance.
The increase in price target from $975 to $1005 by Loop Capital reflects a positive outlook on Costco's future performance. Maintaining a Buy rating suggests that the analyst expects the stock to perform well, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100