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Fly News Breaks for December 10, 2015
COST
Dec 10, 2015 | 08:18 EDT
Baird noted Costco missed Q1 earnings but said results were better than headlines suggested. The firm believes underlying fundamentals remain strong, as core comps remained solid and merchandise margins showed broad-based strength. Baird reiterated its Outperform rating and $180 price target on Costco shares.
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