Costco Wholesale Corporation (COST) has underperformed the broader market and a retail ETF over the past 52 weeks, despite strong Q1 financial results. However, the stock has shown significant year-to-date growth, outpacing the S&P 500 Index. Analysts maintain a “Moderate Buy” consensus rating for COST, with an average price target suggesting a modest premium from current levels.
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Are Wall Street Analysts Bullish on Costco Wholesale Stock?
Costco Wholesale Corporation (COST) has underperformed the broader market and a retail ETF over the past 52 weeks, despite strong Q1 financial results. However, the stock has shown significant year-to-date growth, outpacing the S&P 500 Index. Analysts maintain a “Moderate Buy” consensus rating for COST, with an average price target suggesting a modest premium from current levels.