Costco Wholesale misses revenue estimates on weak discretionary spending
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Costco Wholesale (COST) PT Raised to $777 at TD Cowen, 'Pullback creates buying opportunity'
March 11, 2024 10:18 AM EDTTD Cowen analyst Oliver Chen raised the price target on Costco Wholesale (NASDAQ: COST) to $777.00 (from $700.00) while maintaining a Outperform rating.
The analyst comments "Early-Innings Digital Innovation. Pullback creates buying opportunity given +3-4% US traffic consistency, record 93% renewal rates & global unit growth... More
Costco Wholesale (COST) PT Raised to $800 at BMO Capital
March 11, 2024 3:54 AM EDTBMO Capital analyst Kelly Bania raised the price target on Costco Wholesale (NASDAQ: COST) to $800.00 (from $770.00) while maintaining a Outperform rating.
The analyst comments "Costco's F2Q24 was strong fundamentally, supported by membership growth and strength in renewal rates, and we believe Friday's negative... More
