Vetr Crowd Upgrades Costco

The Vetr community on Friday upgraded its rating on Costco Wholesale Corporation (NASDAQ: COST) from 3 to 3.5 stars and rated the stock a hold. Crowd confidence is mixed with 55 percent of users giving the stock a buy rating, 37.5 percent a sell rating and 12.5 percent a hold.

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Despite strong comps and high retailer performance during the holiday season, Costco shares fell on Friday to $187.80. The Vetr crowd’s target price of $200.28 represents a bullish position on the stock, while analysts are more bearish with a target of $179.26.