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Fly News Breaks for February 13, 2020
COST
Feb 13, 2020 | 06:14 EDT
Credit Suisse analyst Judah Frommer initiated coverage of Costco with a Neutral rating and $328 price target. The stock's "re-rating" over the past year makes for a "fairly balanced" risk/reward at these levels, Frommer tells investors in a research note. Further, the company's "industry-leading" same store sales over the past two years purport difficult comparisons in fiscal 2020, adds the analyst.
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