Evercore ISI Group Maintains Outperform on Costco Wholesale, Raises Price Target to $990
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained its 'Outperform' rating on Costco Wholesale and raised the price target from $985 to $990, indicating confidence in the company's performance.
October 10, 2024 | 12:27 pm
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Evercore ISI Group has reaffirmed its 'Outperform' rating for Costco Wholesale and increased the price target to $990, suggesting positive expectations for the stock.
The increase in price target from $985 to $990 by Evercore ISI Group reflects a positive outlook on Costco's future performance. The 'Outperform' rating suggests that the analyst expects the stock to perform better than the market average, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100