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

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Cowen Reiterates Outperform on Costco Wholesale (COST) Ahead of 4Q

December 5, 2016 9:39 AM EST

Cowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) ahead of the company's 4Q release. Cowen adjusted estimates to reflect reported 1Q revenue of $27.47bn, up +3% from $26.63bn last year with 1Q overall comps of +1% y/y (+2% ex gas & FX).... More