Costco quarterly profit beats on lower fees to Visa

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Go back to Costco quarterly profit beats on lower fees to Visa

Jefferies Reiterates Hold on Costco Wholesale (COST) Following 4Q Report

September 30, 2016 8:09 AM EDT

Jefferies reiterated a Hold rating and $135.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 4Q earnings report. Total sales came in at $35.7bn as preannounced, but was softer than Q3, reflecting somewhat softer traffic. Shares have held up well the last 9... More

Cowen Reiterates Outperform as Costco Wholesale (COST) Remains Confident on Comp Growth

September 30, 2016 7:37 AM EDT

Cowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 4Q earnings report and conference call. COST acknowledged recent Cowen proprietary data which indicates Amazon Prime's footprint broadening and could pose a greater threat to Costco given a... More

RBC Capital Raises Price Target on Costco Wholesale (COST) Following 4Q Report

September 30, 2016 6:51 AM EDT

RBC Capital reiterated an Outperform rating on Costco Wholesale (NASDAQ: COST), and raised the price target to $178.00 (from $177.00), following the company's 4Q earnings report. Costco reported flat comps, essentially in-line with estimates and membership fee income grew ~6% YOY to $832 million, in-line with the Street. EPS of... More