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Fly News Breaks for April 12, 2018
COST
Apr 12, 2018 | 07:01 EDT
Stifel analyst Mark Astrachan noted that Costco's total and U.S. core March comps of 5.8% and 6.7% were both above consensus and accelerated on a two-year basis. He thinks the March performance, which is a continuation of recent strong trends, indicates the company's value proposition is winning with consumers, he tells investors. Astrachan keeps a Buy rating and $200 price target on Costco.
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