Costco (COST) June U.S. Comps Increase 11%

Go back to Costco (COST) June U.S. Comps Increase 11%

Costco Wholesale (COST) Well Positioned as U.S. Traffic Finally Turns Positive - Cowen

July 9, 2020 9:20 AM EDT

Cowen analyst Oliver Chen reiterated an Outperform rating and $360.00 price target on Costco Wholesale (NASDAQ: COST), citing food and hardline comps, e-commerce maintaining momentum, U.S. traffic turning positive, membership revenue growth, superb price value, luxury product, and streamlined assortment.

The analyst stated "Continued Improvements... More