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Fly News Breaks for July 15, 2019
COST
Jul 15, 2019 | 06:35 EDT
Deutsche Bank analyst Paul Trussell assumed coverage of Costco Wholesale with a Hold rating and $252 price target, up from his firm's prior target of $225. The analyst continues to see a shift in dollar share with the rise of e-commerce, fresh, and limited assortment stores, in addition to wholesale clubs and supercenters, at the expense of independents and other regional grocers.