Deep Dive Into Costco Wholesale Stock: Analyst Perspectives (36 Ratings)
Portfolio Pulse from Benzinga Insights
In the past three months, 36 analysts have rated Costco Wholesale (NASDAQ:COST), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $933.89, reflecting a 3.76% rise. Analysts have adjusted their ratings and price targets, indicating a positive outlook for Costco. The company shows strong financial performance with high net margins, ROE, and ROA, despite trailing in revenue growth compared to peers.
October 22, 2024 | 2:01 pm
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Costco Wholesale has received predominantly bullish analyst ratings, with an increase in the average 12-month price target to $933.89. Analysts have shown confidence in Costco's financial performance, highlighting strong net margins, ROE, and ROA. The positive sentiment and financial metrics suggest a favorable short-term outlook for Costco's stock price.
The article highlights a predominantly bullish sentiment among analysts for Costco, with an increase in the average price target. The company's strong financial performance, including high net margins and ROE, supports a positive outlook. These factors are likely to drive Costco's stock price upward in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100