Costco's Strong Earnings and Membership Growth Defy Market Expectations
TL;DR Summary
Costco's latest quarterly results suggest that its record stock performance is likely to continue, prompting analysts to set a new, higher price target for the company's shares.
- Costco quarter signals record stock run is not done yet. Here's our new price target CNBC
- Costco beats on earnings as e-commerce sales jump CNBC
- Costco posts another sales miss, but sees gains in wealthy shoppers and pharmacy MarketWatch
- Costco Stock Dips After Earnings Topped Expectations. Here’s Why. Barron's
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release USA TODAY
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