COST - Costco Value Proposition 'Continues To Shine' As Analysts Deep Dive Into Q4 Print | Benzinga
Shares of Costco Wholesale Corporation (NASDAQ: COST) tanked in after-hours trading on Tuesday, although the company delivered an earnings beat for its fiscal fourth-quarter.
The results came amid an exciting earnings season. Here are some key analyst takeaways from Costco Wholesale’s earnings release.
- Truist Securities analyst Scot Ciccarelli maintained a Buy rating, while raising the price target from $597 to $619.
- BMO Capital Markets analyst Kelly Bania reiterated an Outperform rating, while raising the price target from $600 to $612.
- Telsey Advisory Group analyst Joseph Feldman reaffirmed an Outperform rating and price target of $575.
- William Blair analyst Phillip Blee reiterated an Outperform rating on the stock.
Check out other analyst stock ratings.
Truist Securities: "Strength in necessities continues to drive solid ...