Costco Wholesale (COST) Misses Q2 EPS by 4c

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Morgan Stanley Remains Bullish on Costco Wholesale (COST); Says FX Headwinds Drove EPS Miss

March 4, 2016 11:34 AM EST

Morgan Stanley maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $170.00 (from $179.00), following the company's 2Q earnings report. COST delivered Q2 EPS of $1.24 vs. consensus of $1.28.

Analyst Simeon Gutman commented, "Despite the headline miss, there were... More

Piper Jaffray Cuts Price target on Costco Wholesale (COST) Following a Mixed 2Q

March 4, 2016 7:02 AM EST

Piper Jaffray maintained an Overweight rating on Costco Wholesale (NASDAQ: COST), and cut the price target to $173.00 (from $174.00), after the company reported somewhat mixed 2Q quarter results. Piper Jaffray believes that Costco is realizing benefits in merchandise margins through its improvements in... More

Cowen Remains Bullish on Costco Wholesale (COST) Despite 2Q EPS Miss

March 3, 2016 7:01 AM EST

Cowen maintained an Outperform rating and $162.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 2Q earnings report. COST reported an EPS miss for 2Q, driven by higher than expected SG&A spending, and slightly lower sales.

Analyst Oliver Chen commented,... More