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Costco Wholesale Corp COST - News Analyzed: 3,978 - Last Week: 100 - Last Month: 500

β†— Costco Wholesale Corp Shows Resilience Amid Market Fluctuations

Costco Wholesale Corp Shows Resilience Amid Market Fluctuations
Costco Wholesale Co. has experienced highs and lows in recent times. The stock typically outperformed competitors despite several underperforming days. Companies such as Capital Investment Counsel and Consolidated Portfolio Review have reduced their stakes, while American National Bank & Trust and MV Capital Management have acquired more shares. Overall, analysts provide a 'Moderate Buy' recommendation. Costco shares have also attracted interest from Horizon Wealth and Aviance Capital Partners, with both investing in the company. Stifel Nicolaus raised their price target for Costco to $900.00. Costco's Q2 2024 and Q3 2024 earnings were revealed in an earnings call, with reports of solid earnings growth. Institutional owners apparently favor Costco, holding 70% of the company. Director Susan Decker sold 1,442 shares, while Cornerstone Wealth Group bought company shares. Costco reported stronger-than-expected Q3 earnings, with a revenue increase of 9%. Despite some underperformance, analysts observe Costco's long-term value and a potential for market outperformance, growth, and ample growth opportunities.

Costco Wholesale Corp COST News Analytics from Thu, 23 Nov 2023 08:00:00 GMT to Sun, 07 Jul 2024 17:56:14 GMT - Rating 2 - Innovation -4 - Information 8 - Rumor -3

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