Oppenheimer Maintains Outperform on Costco Wholesale, Raises Price Target to $980
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Rupesh Parikh maintains an Outperform rating on Costco Wholesale and raises the price target from $955 to $980.
October 10, 2024 | 1:50 pm
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Oppenheimer has reaffirmed its Outperform rating on Costco Wholesale and increased the price target from $955 to $980, indicating confidence in Costco's future performance.
The increase in price target from $955 to $980 by Oppenheimer suggests a positive outlook on Costco's future performance. The Outperform rating indicates that the analyst expects Costco to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100