Costco Wholesale (COST) December Comps Up 1%, or 5% Ex-Gas

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Piper Jaffray Remains Bullish After December Costco Wholesale (COST) Comps

January 7, 2016 6:55 AM EST

Piper Jaffray reiterated an Overweight rating and $174.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 5 week December sales results. Total reported comps were up 1%, matching the best result in the prior 12 months. The reported results were impacted by about 450bp... More