Costco (COST) Reports August Sales of $19.83B

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Citi Reiterates Neutral Rating on Costco Wholesale (COST)

September 6, 2024 5:52 AM EDT

Citi analyst Paul Lejeuz reiterated a Neutral rating and $800.00 price target on Costco Wholesale (NASDAQ: COST).

The analyst comments "Aug comps were +7.1%, similar to July (+7.2%). Non-foods were very strong at +LDD driven by strength in jewelry (gold bullion), gift cards, and... More

Costco Wholesale (COST) PT Raised to $925 at Evercore ISI

September 6, 2024 5:36 AM EDT

Evercore ISI analyst Greg Melich raised the price target on Costco Wholesale (NASDAQ: COST) to $925.00 (from $915.00) while maintaining a Outperform rating.

The analyst comments "Costcos August 7.1% Global Core Comp is a slight acceleration from the three-month trend, while its... More

Deutsche Bank Reiterates Buy Rating on Costco Wholesale (COST)

September 6, 2024 5:22 AM EDT

Deutsche Bank analyst Krisztina Katai reiterated a Buy rating and $927.00 price target on Costco Wholesale (NASDAQ: COST).

The analyst comments "COST continued to flex its club muscle with core U.S. comp of +6.7% driven by +MSD U.S. traffic, which marked the... More

Deutsche Bank Reiterates Buy Rating on Costco Wholesale (COST)

September 6, 2024 5:22 AM EDT

Deutsche Bank analyst Krisztina Katai reiterated a Buy rating and $927.00 price target on Costco Wholesale (NASDAQ: COST).

The analyst comments "COST continued to flex its club muscle with core U.S. comp of +6.7% driven by +MSD U.S. traffic, which marked the... More

DA Davidson Reiterates Neutral Rating on Costco Wholesale (COST)

September 6, 2024 5:06 AM EDT

DA Davidson analyst Michael Baker reiterated a Neutral rating and $780.00 price target on Costco Wholesale (NASDAQ: COST)

The analyst comments "COSTs total comps were stable to slightly down in August at 5.0% versus +5.2% last month. US comps of 4.7% were also down somewhat versus +5.3% last month, as top line numbers were impacted by significant gas price deflation in August. However, US comps excluding the impact of changes in gas and FX, were up... More