Advertisement
Australia markets closed
  • ALL ORDS

    7,975.10
    -64.80 (-0.81%)
     
  • AUD/USD

    0.6649
    +0.0006 (+0.09%)
     
  • ASX 200

    7,733.70
    -62.30 (-0.80%)
     
  • OIL

    80.75
    +0.02 (+0.02%)
     
  • GOLD

    2,340.00
    +8.80 (+0.38%)
     
  • Bitcoin AUD

    91,865.98
    -4,936.02 (-5.10%)
     
  • CMC Crypto 200

    1,262.42
    -47.30 (-3.61%)
     

Wall Street Is Bullish on Costco Stock: Why Things Could Get Murky for Investors

Wall Street Is Bullish on Costco Stock: Why Things Could Get Murky for Investors

Costco Wholesale (NASDAQ: COST) has been a great stock for shareholders, delivering a market-beating return of 150% over the past five years -- and the giant retailer is still winning fans on Wall Street following its latest earnings results in May. Goldman Sachs and a few other top Wall Street companies have maintained buy ratings on the shares. Goldman sees the stock trading up to $545 in the short term.