Costco shares down on fears of grocery delivery eating into margins

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Costco Wholesale (COST) PT Raised to $190 at RBC Capital Following 4Q

October 6, 2017 8:28 AM EDT

RBC 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