BMO Capital Maintains Outperform on Costco Wholesale (COST) Following 3Q Results

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Cowen Reiterates Outperform Following Costco Wholesale (COST) 3Q

May 29, 2015 7:50 AM EDT

Cowen reiterates an Outperform rating and $165 price target on Costco Wholesale (NASDAQ: COST) following F3Q. COST reported EPS of $1.17 vs. Cowen's $1.14 & Street $1.16 estimates.

Analyst Oliver Chen commented, "We con't to view COST as a core retail holding & believe premium... More

Market Wrap: Avago, Broadcom Make it Official; Pending Home Sales Ramp in April; JPMorgan Plans Major Job Cuts

May 28, 2015 5:20 PM EDT

Market wrap for May 28th

End of the Day: S&P 500 down 2.7 to 2,120.79; Dow Jones down 36.9 to 18,126.12; Nasdaq down 8.6 to 5,097.98

Market Brief: Markets pulled back following Wednesday's run higher as a lack of strong economic data and light trading continues to control markets.

Avago and Broadcom officially announced a deal for Avago to acquire Broadcom after yesterday's speculation.

Pending home sales showed strong gains in April, with a 3.2 percent gain in the... More

Janney Capital Maintains Neutral Following Costco Wholesale (COST) Q3

May 28, 2015 9:17 AM EDT

Janney Capital maintains a Neutral rating and $141 price target on Costco Wholesale (NASDAQ: COST) following Q3. COST reported EPS of $1.17 which is in-line with Janney estimates. Analyst David Strasser said that it was a strong quarter, despite headwinds.

Strasser commented, "COSTs Q3 EPS of $1.17 is in line with... More

Costco Wholesale (COST) Tops Q3 EPS by 1c; adj.-Comps Rose 6%

May 28, 2015 6:31 AM EDT

Costco Wholesale (Nasdaq: COST) reported Q3 EPS of $1.17, $0.01 better than the analyst estimate of $1.16. Revenue for the quarter came in at $26.1 billion versus the consensus estimate of $26.63 billion.

Total comps in the quarter fell 1% (up 1% in U.S.), but rose 6% (up 5% in... More