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Costco Wholesale (COST) Tops Q1 EPS by 3c

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Costco Wholesale (COST) PT Boosted to $155 at Piper Jaffray

December 11, 2014 7:06 AM EST

Piper Jaffray analyst Sean Naughton raised estimates and his price target on Overweight-rated Costco Wholesale (NASDAQ: COST) to $155.00 (from $142.00) following solid Q1 results.

Naughton commented, "Reported EPS of $1.12 was $0.03 ahead of consensus as comps ex gas and FX increased 7% for the quarter.... More