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Fly News Breaks for February 1, 2016
COST
Feb 1, 2016 | 07:36 EDT
Sterne Agee CRT slightly lowered its January SSS estimate for Costco, citing the timing of the Super Bowl and last week's blizzard. However, the firm says its checks show that the company's inventory level is "clean." It views the pullback int he stock as a buying opportunity and keeps a $184 price target and Buy rating on the name.