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Fly News Breaks for October 18, 2016
COST
Oct 18, 2016 | 07:45 EDT
As noted earlier, Wells Fargo analyst Zachary Fadem initiated Costco with a $150-$155 price target and a Market Perform rating. Fadem thinks that the stock's long-term outlook is positive, but he advises waiting for a better entry point on the shares, all else being equal.