Telsey Advisory raised the firm’s price target on Costco to $850 from $800 and keeps an Outperform rating on the shares. The company reported “strong” Q3 EPS growth with an “impressive” headline comparable, the analyst tells investors. Overall, Costco continues to execute well in the current uncertain operating environment and the firm expects the company to remain a share gainer.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COST:
- COST Earnings: Costco Slips despite Topping Estimates
- Options Volatility and Implied Earnings Moves Today, May 30, 2024
- COST, JWN, KSS: Website Traffic Hints at Strong Results for These 3 Retail Stocks
- Costco price target raised to $900 from $805 at Argus
- Options Volatility and Implied Earnings Moves This Week, May 28 – May 30, 2024