Costco Wholesale Corporation Announces Reauthorization of Stock Repurchase Program and Quarterly Cash Dividend

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Cowen cuts Costco (COST) as gas profits shrink

January 23, 2023 1:42 PM EST

Cowen reiterated an Outperform rating on Costco Wholesale Corp. (NASDAQ: COST) and cut the price target for the stock to $600.00 (From $650.00) basted on the companys lower gross profit from gas sales. Costco continues to be Cowens best idea in 2023 due to the companys low-priced and curated... More