Analysts Raise Costco Price Targets to $1,155 and $1,050 Following Outperform Calls
Bernstein reaffirmed a Buy rating on Costco Wholesale with a $1,155 price target on Feb.12, up from $1,146 on Feb.9, maintaining Outperform. Evercore ISI also reaffirmed Outperform for Costco and raised its price target to $1,050 from $1,025.
1. Analyst Ratings and Price Target Changes
On February 12, Bernstein reaffirmed its Buy rating and raised its price target on Costco from $1,146 to $1,155, maintaining an Outperform stance. Evercore ISI also upheld its Outperform rating and lifted its price target from $1,025 to $1,050, reflecting sustained confidence in Costco's growth potential.
2. Macro Environment Considerations
Bernstein highlighted mixed U.S. retail conditions in fiscal Q4, noting weak consumer sentiment and resurgent food inflation despite egg price deflation, alongside sector support from rotation out of growth and technology stocks. It cited drug pricing, SNAP benefits, tariff reversals, tax refunds and a potential World Cup boost as key factors complicating forecasts for fiscal 2026.