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Our Costco (NASDAQ:COST | COST Price Prediction) call right now is constructive. After a sharp pullback from the May highs, the stock sits at $951.35, and our proprietary model still points higher.
The 24/7 Wall St. price target for Costco is $1,046.54, implying 10.01% upside over the next 12 months. Our recommended action is buy, with a confidence score of 0.9, or roughly 90%, which we consider high.
24/7 Wall St. Price Target Summary
| Metric | Value |
|---|---|
| Current Price | $951.35 |
| 24/7 Wall St. Price Target | $1,046.54 |
| Upside | 10.01% |
| Recommendation | BUY |
| Confidence Level | 90% |
A Reset That Created an Entry Point
Costco has cooled meaningfully into the summer. Shares are down 7.48% over the past…
