Telsey Advisory Group Maintains Outperform on Costco Wholesale, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating on Costco Wholesale and raised its price target from $925 to $1000, indicating confidence in the company's future performance.
September 27, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Telsey Advisory Group has increased its price target for Costco Wholesale from $925 to $1000, while maintaining an 'Outperform' rating. This suggests a positive outlook for Costco's stock performance.
The increase in price target from $925 to $1000 by Telsey Advisory Group, along with the maintained 'Outperform' rating, indicates strong confidence in Costco's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in Costco's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100