Deutsche Bank Reiterates Buy Rating and $187 PT on Costco Wholesale (COST) Following Announcement of $7/Sh Special Div. & Quarterly Div. Hike

April 26, 2017 7:28 AM EDT
Get Alerts COST Hot Sheet
Price: $422.76 -0.16%

Rating Summary:
    23 Buy, 11 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 33 | New: 109
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Deutsche Bank reiterates Buy rating and $187 price target on Costco Wholesale (NASDAQ: COST) following capital return announcements.

Analyst Paul Trussell notes management confirmed a special dividend for shareholders of $7/share, seemingly earlier and larger than expected, while raising the quarterly dividend to 50c (from 45c).

For an analyst ratings summary and ratings history on Costco Wholesale click here. For more ratings news on Costco Wholesale click here.

Shares of Costco Wholesale closed at $172.68 yesterday.

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