Costco Wholesale (COST) Declares $0.40 Quarterly Dividend; 1.1% Yield

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Piper Jaffray Continues to Forecast Strong Results for Costco Wholesale (COST) Despite FX Headwinds

February 1, 2016 11:34 AM EST

Piper Jaffray maintained an Overweight rating and $174.00 price target on Costco Wholesale (NASDAQ: COST) ahead of January results. The strong dollar continues to be a drag on reported results. Piper Jaffray estimates that FX negatively impacted comparable sales by 360bp in the month. However, Piper is forecasting continued strong... More