Goldman Sachs Maintains Buy on Costco Wholesale, Raises Price Target to $995
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Costco Wholesale and raises the price target from $876 to $995.
September 27, 2024 | 3:27 pm
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Goldman Sachs has increased its price target for Costco Wholesale from $876 to $995, maintaining a Buy rating. This suggests confidence in Costco's future performance.
The increase in price target by a major financial institution like Goldman Sachs indicates a positive outlook on Costco's future performance. This is likely to boost investor confidence and potentially lead to a short-term increase in Costco's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100