Goldman Sachs Upgraded Costco Wholesale Corporation (COST)

According to an update released by analysts at Goldman Sachs the broker has now set a ‘Buy’ rating on shares of Costco Wholesale Corporation (NASDAQ:COST) with a price target of 175.

On Wednesday Goldman Sachs upgraded its rating on shares of Costco Wholesale Corporation to ‘Buy’ issuing a recommended target price of 175 potentially meaning there is an increase of 17.63% from Costco Wholesale Corporation’s share price of 148.77.

Costco Wholesale Corporation has 438,368,000 shares currently held by shareholders which have a trade price of 148.77 totalling Costco Wholesale Corporation’s market capitalisation to 65.22B USD.

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