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Fly News Breaks for July 27, 2017
COST
Jul 27, 2017 | 09:03 EDT
Baird analyst Peter Benedict said he expects Costco sales for July to remain solid, although he did model some slight deceleration relative to June's robust performance. He believes prospects for continued momentum remain good and believes the recent pullback represents a buying opportunity given its ongoing strength and increasingly attractive valuation. Benedict reiterated his Outperform rating and $200 price target on Costco shares.
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