Costco falls after disappointing March sales; Analyst flags slowing momentum

Go back to Costco falls after disappointing March sales; Analyst flags slowing momentum

Costco Wholesale (COST): Street numbers still appear aggressive to us - Oppenheimer

April 6, 2023 6:21 AM EDT

Oppenheimer analyst Rupesh Parikh reiterated an Outperform rating and $550.00 price target on Costco Wholesale (NASDAQ: COST).

"We continue to rate COST Outperform, but consistent with our playbook lately, we would take advantage of weakness vs. chasing strength as Street numbers still appear... More

Citi reiterates Buy rating on Costco Wholesale (COST), sees balanced risk-reward

April 6, 2023 5:51 AM EDT

Citi analyst Paul Lejeuz reiterated a Buy rating and $530.00 price target on Costco Wholesale (NASDAQ: COST).

"We continue to believe that COST is well positioned to navigate these inflationary times, but trading at ~19x F23E EBITDA we believe the risk/reward... More