Is Costco Stock Going to $840? 1 Wall Street Analyst Thinks So.
COSTCostco(COST) The Motley Fool·2024-05-14 20:48

Sometimes, even great, growing companies cost too much to buy. Costco Wholesale Corporation (COST -1.53%) investors had a good week. From last Friday's close below 744throughFriday,May10,sharesofthewarehouseretailergainedroughly744 through Friday, May 10, shares of the warehouse retailer gained roughly 40 in value after reporting strong e-commerce sales in its update for April. And 40couldbejustthebeginning.LoopCapitalanalystLauraChampinepredictsthat,withinayear,Costcoshareswillfetch40 could be just the beginning. Loop Capital analyst Laura Champine predicts that, within a year, Costco shares will fetch 840 apiece. Is Costco stock a buy? Costco reported Wednesday tha ...