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Analysts Are Bullish on These Consumer Goods Stocks: Costco (COST)

There’s a lot to be optimistic about in the Consumer Goods sector as 1 analysts just weighed in on and Costco (COSTResearch Report) with bullish sentiments.

Costco (COST)

Robert W. Baird analyst Peter Benedict reiterated a Buy rating on Costco on June 2 and set a price target of $560.00. The company’s shares closed last Friday at $463.31.

According to TipRanks.com, Benedict is a 5-star analyst with an average return of 15.0% and a 65.1% success rate. Benedict covers the Consumer Goods sector, focusing on stocks such as Petco Health and Wellness Company, Bj’s Wholesale Club Holdings, and Williams-Sonoma.

Costco has an analyst consensus of Strong Buy, with a price target consensus of $579.95, which is a 24.7% upside from current levels. In a report issued on June 9, Atlantic Equities also maintained a Buy rating on the stock with a $615.00 price target.

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