Costco barely beats sales estimates, gross margins weigh
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Nomura/Instinet Remains Sidelined on Amazon (AMZN) Following Announced Wage Hike
October 8, 2018 7:31 AM EDTNomura/Instinet analyst, Simeon Siegel, reiterated a Neutral rating and $1990.00 price target Amazon.com (NASDAQ: AMZN) following the company's announced a lift in its U.S. min wage to $15 per hour. However, AMZN is eliminating restricted stock options and monthly incentive bonuses for... More
Costco Wholesale (COST) PT Raised to $265 at UBS Following 4Q
October 5, 2018 7:54 AM EDTUBS analyst Michael Lasser raised the price target on Costco Wholesale (NASDAQ: COST) to $265.00 (from $255.00) while maintaining a Buy rating following the company's 4Q earnings report. COST reported EPS of $2.36 vs. consensus estimates of $2.36. The company's $997 mm in MFI was just short of the $1,009 mm... More
Costco Wholesale (COST) PT Lowered to $253 at RBC Capital
October 5, 2018 6:37 AM EDTRBC Capital analyst Scot Ciccarelli lowered the price target on Costco Wholesale (NASDAQ: COST) to $253.00 (from $255.00) while maintaining an Outperform rating.
Ciccarelli notes margins are still under pressure while traffic growth remains impressive.
... More