Cowen Remains Bullish on Costco Wholesale (COST) Despite 2Q EPS Miss
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Go back to Cowen Remains Bullish on Costco Wholesale (COST) Despite 2Q 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
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
March 3, 2016 6:48 AM EST
Costco Wholesale (NASDAQ: COST) reported Q2 EPS of $1.24, $0.04 worse than the analyst estimate of $1.28. Revenue for the quarter came in at $28.2 billion versus the consensus estimate of $28.42 billion.
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