Costco Wholesale Corp (NASDAQ: COST) shares are climbing Tuesday, extending their strong run and hitting a new all-time high of $1,096.50.
Costco Wholesale Corp (NASDAQ:COST) shares are climbing Tuesday, extending their strong run and hitting a new all-time high of $1,096.50. Here’s what you should know.
Costco Wholesale stock is approaching key resistance levels. Why is COST stock breaking out?
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Oppenheimer Price Target Hike
The move comes after Oppenheimer analyst Rupesh Parikh raised its price target on the stock to $1,160 from $1,100 while maintaining an Outperform rating.
Costco Wholesale Corporation (COST) is currently at $1086.94, up $10.46 or 0.97%
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Miuzho's $1,000 price target implies that shares of Costco could rise 17% from here.
Costco on Thursday surpassed Wall Street's quarterly expectations as its sales rose 8.2% year over year.
Costco's quarterly results Thursday checked only some of the most important boxes.
