Information Provided By:
Fly News Breaks for February 5, 2020
COST
Feb 5, 2020 | 18:25 EDT
Baird analyst Peter Benedict backed an Outperform rating and $325 price target on Costco after the company reported January comps numbers. Benedict said that the stock remains a rare "growth staple" with "best-in-class" traffic/comps, durable competitive advantages, and still-meaningful growth opportunities.