Costco Wholesale (COST) adj.-Comps Rose 2% in Oct. 2016

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Cowen Reiterates Outperform on Costco Wholesale (COST) Following October Results

November 3, 2016 8:03 AM EDT

Cowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's October results. October comps of +2% were in line with Street expectations. Costco continued to face deflationary headwinds in many departments, including multiple departments in food & sundries, consumer... More