Morgan Stanley Assumes Coverage on Costco (COST) with an Equalweight

May 16, 2008 7:54 AM EDT

Morgan Stanley assumes coverage on Costco (Nasdaq: COST) with an Equalweight.

Costco Wholesale Corporation (Costco) operates membership warehouses based on the concept that offering its members very low prices on a limited selection of nationally branded and selected private-label products in a range of merchandise categories will produce high sales volumes and rapid inventory turnover.


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