Stifel Nicolaus Upgrades Costco to Buy, Downgrades Wal-Mart to Hold (COST, WMT)
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Get Alerts COST Hot Sheet
Price: $110.19 -1.7%
Rating Summary:
9 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 22
Rating Summary:
9 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 22
Trade COST Now!
A retail analyst at Stifel Nicolaus made an interesting call this morning, upgrading shares of Costco (Nasdaq: COST) while at the same time downgrading shares of Wal-Mart (NYSE: WMT).
The firm now rates Costco shares a Buy, up from Hold previously, and now sees Wal-Mart as a Hold, down from Buy previously. Stifel believes shares of Costco will rise to $68 over the next year.
With COST shares trading up 1% to $56.31 this morning, the firm's new price target suggests potential upside of almost 21%.
The firm now rates Costco shares a Buy, up from Hold previously, and now sees Wal-Mart as a Hold, down from Buy previously. Stifel believes shares of Costco will rise to $68 over the next year.
With COST shares trading up 1% to $56.31 this morning, the firm's new price target suggests potential upside of almost 21%.
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