BMO Capital Reiterates Outperform on Costco Wholesale, Raises Price Target to $980
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has reiterated its Outperform rating on Costco Wholesale and raised the price target from $950 to $980, indicating confidence in the company's performance.
September 27, 2024 | 1:54 pm
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BMO Capital has reiterated its Outperform rating on Costco Wholesale and increased the price target from $950 to $980, suggesting positive expectations for the company's stock performance.
The reiteration of an Outperform rating and an increased price target from a reputable analyst firm like BMO Capital suggests a positive outlook for Costco's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100