$92.97
-1.36 (-1.44%)
BJ News4 articles
Costco Q2 Results Top Estimates, Eyes Tariff Refunds for Member Price Cuts
Costco Wholesale exceeded analyst expectations for its fiscal second quarter, posting strong sales and profit growth. The retailer indicated any future tariff recoveries would be used to reduce prices for members.
Costco Price Target Raised to $1,100 as Valuation Debate Intensifies
Evercore ISI increased its Costco price target to $1,100 ahead of Thursday's earnings report, maintaining an Outperform rating. The stock traded near $1,000 as a Forbes analysis suggested the valuation appears stretched.
Costco Price Target Raised to $1,100 Ahead of Q2 Earnings Report
Evercore ISI increased its Costco price target to $1,100 ahead of Thursday's earnings, while shares trade near $1,000 amid valuation concerns. February comparable sales grew 7.1%.
Costco Shares Surge Past $1,000 Mark as Bank of America Issues Bullish Call
Costco Wholesale Corporation shares gained 2.44% to close at $1,010.79, outperforming a weaker market. Bank of America reinstated coverage with a Buy rating and a $1,185 target, citing the retailer's broad consumer appeal.