Costco beats estimates as shoppers flock back to stores

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Costco Wholesale (COST) PT Raised to $580 at BMO Capital

March 4, 2022 7:05 AM EST

BMO Capital analyst Kelly Bania raised the price target on Costco Wholesale (NASDAQ: COST) to $580.00 (from $560.00) while maintaining an Outperform rating following results.

The analyst commented, "Costco's F2Q22 beat expectations and membership renewal rate continue to hit all-time highs in the US &... More