Shrinking margins cloud Costco's profit beat, shares fall
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Morgan Stanley Downgrades Costco Wholesale (COST) to Equalweight (Earlier)
October 6, 2017 11:31 AM EDTMorgan Stanley downgraded Costco Wholesale (NASDAQ: COST) from Overweight to Equalweight with a price target of $165.00 (from $190.00).
For an analyst ratings summary and ratings history on Costco Wholesale click here. For more ratings news on Costco Wholesale click here.
Shares of Costco Wholesale closed at $167.07 yesterday.
... MoreCostco Wholesale (COST) PT Raised to $190 at RBC Capital Following 4Q
October 6, 2017 8:28 AM EDTRBC Capital raised its price target on Costco Wholesale (NASDAQ: COST) to $190.00 (from $184.00) while maintaining a Outperform rating following the company's 4Q earnings report. 4Q results were ahead of expectations as total comps increased 5.7% vs. the consensus of 5.1%. EPS of $2.08 was ahead of consensus... More
Costco Wholesale (COST) PT Lowered to $162 at Jefferies Following 4Q
October 6, 2017 7:11 AM EDTJefferies lowered its price target on Costco Wholesale (NASDAQ: COST) to $162.00 (from $168.00) while maintaining a Hold rating following the companby's 4Q. COST reported better-than-expected 4Q17 and Sept. comp sales, largely driven by higher traffic and this reflects a healthy consumer spending environment, strong... More
Costco Wholesale (COST) PT Lowered to $155 at Deutsche Bank; 'Visibility on Member Growth & Renewal Rates Reduced... Increased Competition Across Grocery Sector'
October 6, 2017 5:46 AM EDTDeutsche Bank lowered its price target on Costco Wholesale (NASDAQ: COST) to $155.00 (from $172.00) while maintaining a Hold rating, following an update of the company's outlook and model methodology,
Analyst Paul Trussell notes a more cautious outlook following an update to his model, suggesting... More
