Morgan Stanley Downgrades Costco Wholesale (COST) to Equalweight (Earlier)
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Costco 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
Shrinking margins cloud Costco's profit beat, shares fall
October 5, 2017 4:24 PM EDT(Reuters) - Costco Wholesale Corp's (NASDAQ: COST) quarterly profit scraped past estimates, helped by a hike in membership fees, but a fall in gross margins fueled concerns of an intensifying grocer price war, sending shares down 3.6 percent in after-market trading.
Investors are wary that Costco's business model, which mainly generates revenue through a niche membership club, faces increased competition from online giant Amazon.com Inc (NASDAQ:... More
Costco (COST) Tops Q4 EPS by 6c, Comps Increased 6.1%
October 5, 2017 4:15 PM EDTCostco (NASDAQ: COST) reported Q4 EPS of $2.08, $0.06 better than the analyst estimate of $2.02. Revenue for the quarter came in at $41.36 billion versus the consensus estimate of $41.55... More
