Costco (COST) Tops Estimates But Shares Still Dip, Analysts Positive After a 'Nice' Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Costco Wholesale (COST) PT Raised to $440 at Cowen
May 28, 2021 9:58 AM EDTCowen analyst Oliver Chen raised the price target on Costco Wholesale (NASDAQ: COST) to $440.00 (from $410.00) while maintaining an Outperform rating.
The analyst commented, "Comps +20.6%, including U.S. +18.2% on +DD traffic as COST continues to execute. Investments in "big & bulky" infrastructure bode well for... More
