Costco Wholesale (COST) Declares $0.40 Quarterly Dividend; 1% Yield

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Piper Jaffray Raises Price Target Ahead of Costco Wholesale (COST) October Comps

November 2, 2015 11:22 AM EST

Piper Jaffray reiterated an Overweight rating on Costco Wholesale (NASDAQ: COST), and raised the price target to $168.00 (from $155.00), ahead of October comps. Analyst Sean Naughton estimates core comps up 5 to 7% and reported results (2%) to flat. Consistently strong traffic trends which have averaged north of 4%... More