Analyst Optimistic About Costco Ahead of Earnings Report

Reported 1 day ago

Ahead of its first-quarter fiscal 2025 earnings report, Costco's stock received an increased price target from Oppenheimer, rising from $980 to $1,075. Analyst Rupesh Parikh believes Costco is well-positioned for strong growth, with expectations for net income of $1.69 billion and revenue of $62.06 billion. The stock is currently trading at approximately $993.98, just below its all-time high.

Source: YAHOO

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