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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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
- Costco Wholesale Corp. Earnings Report: Did it Beat Expectations?