Costco (COST) August Comp Sales Rise 9.2%, 8% Ex-Gas and Forex

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Costco Wholesale (COST) PT Raised to $255 at RBC Capital Following August Sales

September 7, 2018 7:02 AM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Costco Wholesale (NASDAQ: COST) to $255.00 (from $253.00) while maintaining an Outperform rating following the company's August sales. US core comp growth accelerated on a 2-year stacked basis (to 13.6% from 12.7% in 3Q) and was flattish... More