Truist Securities Maintains Hold on Costco Wholesale, Raises Price Target to $909
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Costco Wholesale and raised its price target from $873 to $909.
September 27, 2024 | 2:10 pm
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Truist Securities has maintained a Hold rating on Costco Wholesale and increased the price target from $873 to $909, indicating a positive outlook on the stock's potential.
The increase in the price target from $873 to $909 suggests a positive outlook on Costco's future performance. However, the Hold rating indicates that the analyst does not see immediate strong upside potential, which may lead to moderate positive sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100