Costco Wholesale Stock Has 11% Upside, According to 1 Wall Street Analyst
COSTCostco(COST) The Motley Fool·2024-04-04 19:41

This analyst is growing cautious about the company's prospects in the near term. Costco Wholesale (COST -0.79%) stock has cooled off since hitting an all-time high of 787inMarch.Thestockiscurrentlysittingat787 in March. The stock is currently sitting at 702, or 8% below the previous peak. Analysts at Gordon Haskett are cautious on several top retail stocks, including Costco. The firm is still positive on the shares but lowered its rating from "buy" to "accumulate" with a price target of $775 -- about 11% above the current share price. Why anal ...