BofA reinstated coverage of Costco (COST) with a Buy rating and $1,185 price target Given its strong appeal with higher-income consumers along with industry-leading pricing that attracts a more value-conscious shopper, Costco is “well positioned to remain a leader in this K-shaped economy,” the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COST:
- Costco Stock (COST) Is Still a Great Buy after Valuation Reset
- Trump Trade: L’Oreal, Bausch + Lomb sue for Trump tariff refunds
- Usana’s Rise Wellness announces launch of Protein Pop Plus at Costco nationwide
- L’Oreal, Bausch + Lomb sue for Trump tariff refunds, Reuters reports
- Investors Flee Big Tech for “Real Economy” Stocks as Market Leadership Shifts