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Fly News Breaks for March 17, 2017
COST
Mar 17, 2017 | 08:12 EDT
JPMorgan analyst Christopher Horvers views the recent pullback in shares of Costco as a buying opportunity. The analyst says a headquarter visit provided reassurances of the trajectory of the U.S. business and the margin outlook following the below the Street February comp. Horvers reiterates an Overweight rating on Costco with a $190 price target.
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