Costco Wholesale (COST) PT Raised to $192 at BofA/Merrill Lynch; 'Healthy Comps & Margins Drive F3Q EPS Upside'

May 26, 2017 7:02 AM EDT
Get Alerts COST Hot Sheet
Price: $384.75 +1.41%

Rating Summary:
    23 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 15 | Down: 17 | New: 13
Trade Now! 
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

BofA/Merrill Lynch raised its price target on Costco Wholesale (NASDAQ: COST) to $192.00 (from $180.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Robert Ohmes notes the company delivered third quarter earnings per share, revenues, comps and gross margins above consensus projections driven by the Citi/Visa agreement and fuel sales, as the results highlight strong management exection.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Citi, Earnings, Robert Ohmes