Trending: Costco Price Target Bumped Up by Analysts
16 December 2023 - 6:48AM
Dow Jones News
14:18 -- Costco Wholesale is one of the most mentioned companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. Several analysts have raised their price target on
Costco shares a day after the company reported first-quarter sales
rose 6.1% from the year-ago period. The company also said it would
pay a special dividend of $15 per share. Among the analysts raising
their price targets were DA Davidson, which increased its target to
$600 a share from $570, and BMO Capital, which pushed its target up
to $700 a share from $612, as reported by Benzinga. Dow Jones &
Co. owns Factiva. (stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
December 15, 2023 14:33 ET (19:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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