Costco reports mixed Q3 results as sales fall short of estimates
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Telsey Reiterates Outperform Rating on Costco Wholesale (COST)
June 3, 2024 5:49 AM EDTTelsey analyst Joseph Feldman reiterated an Outperform rating and $850.00 price target on Costco Wholesale (NASDAQ: COST).
The analyst comments "May 2024 Sales Preview: We forecast a total comp of 6.8% vs. (0.3%) last year. We expect a net neutral impact from gas and FX in... More
Costco Wholesale (COST) PT Raised to $800 at Citi
May 31, 2024 7:19 AM EDTCiti analyst Paul Lejeuz raised the price target on Costco Wholesale (NASDAQ: COST) to $800.00 (from $710.00) while maintaining a Neutral rating.
The analyst comments "COST reported 3Q adj EPS of $3.78 ahead of cons $3.70. Core-on-core GM (which accounts for mix shift) was +10bps... More
Costco Wholesale (COST) PT Raised to $850 at Telsey
May 31, 2024 5:10 AM EDTTelsey analyst Joseph Feldman raised the price target on Costco Wholesale (NASDAQ: COST) to $850.00 (from $800.00) while maintaining a Outperform rating.
The analyst comments "Costco reported strong 3QF24 EPS growth of 29.0% YoY to $3.78, beating our estimate of $3.71 and the FactSet consensus (FS) of $3.70. Total... More
Costco Wholesale (COST) PT Raised to $780 at DA Davidson
May 31, 2024 4:56 AM EDTDA Davidson analyst Michael Baker raised the price target on Costco Wholesale (NASDAQ: COST) to $780.00 (from $680.00) while maintaining a Neutral rating.
The analyst comments "Costco reported another solid quarter which we think should continue to support the premium valuation. Sales were largely... More
