Costco's Recent Decline Has Unlocked New Room For Upside, Vetr Crowd Says

Shares of Costco Wholesale Corporation COST have lost almost 1.9 percent of their value over the last week. This, the Vetr crowd seems to believe, has unlocked some room for upside, as evidenced by its average price target of $167.71, which implies a potential return of 12.2 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect the larger upside potential, the Vetr community upgraded its rating on shares of Costco on Friday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.

It should be noted that, pretty much in accordance with the current score and price target, 100 percent of the crowd’s ratings are bullish at the time.