Truist Securities lowers Costco stock price target to $1,033 on valuation concerns
NegativeFinancial Markets

Truist Securities has lowered its price target for Costco's stock to $1,033 due to concerns about its valuation. This adjustment reflects a cautious outlook on the retail giant's future performance, which could impact investor confidence and market dynamics. As Costco continues to navigate economic challenges, this revision may influence trading strategies and investor sentiment in the retail sector.
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