Wells Fargo analyst Edward Kelly raised the firm’s price target on Costco (COST) to $1,000 from $950 and keeps an Equal Weight rating on the shares. Costco delivered another impressive result in Q1 and its outlook remains bright for a scale winner, the analyst tells investors in a research note.
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Read More on COST:
- Costco price target raised to $900 from $880 at DA Davidson
- Costco price target raised to $1,090 from $975 at TD Cowen
- Costco price target raised to $1,050 from $950 at Melius Research
- Costco price target raised to $940 from $850 at Barclays
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