Costco Wholesale (COST) Plans First Wage Hike Since 2007
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Morgan Stanley Remains Bullish on Costco Wholesale (COST); Says FX Headwinds Drove EPS Miss
March 4, 2016 11:34 AM ESTMorgan 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 ESTPiper 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
