COST - Costco Is 'Choppy' Near Term Rolls Out Special Dividend: Analysts Study Q1 Print | Benzinga
Shares of Costco Wholesale Corporation (NASDAQ: COST) trader higher on Friday morning, along with other stocks that were on investors’ radar.
Costco Wholesale reported its fiscal first-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the earnings release.
- Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating, while raising the price target from $625 to $700.
- Raymond James analyst Bobby Griffin reiterated an Outperform rating, while lifting the price target from $580 to $670.
- Oppenheimer analyst Rupesh Parikh reaffirmed an Outperform rating and price target of $675.
Check out other analyst stock ratings.
Telsey Advisory Group: Costco Wholesale reported strong earnings of $3.58 per share, representing 16% year-on-year growth and came in higher than Street expectations of $3.41 per share, Feldman said in a note.
"In 1QF24, the headline comp was up ...