Barclays Maintains Equal-Weight on Costco Wholesale, Raises Price Target to $850
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Karen Short maintains an Equal-Weight rating on Costco Wholesale (NASDAQ:COST) and raises the price target from $830 to $850.
September 27, 2024 | 2:29 pm
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POSITIVE IMPACT
Barclays has maintained its Equal-Weight rating on Costco Wholesale and increased the price target from $830 to $850, indicating a positive outlook.
The increase in the price target from $830 to $850 by Barclays suggests a positive outlook for Costco's stock, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the raised target reflects confidence in Costco's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100