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COST

Costco

$150.48

-0.53 (-0.35%)

, TIF

Tiffany

$72.54

1.45 (2.04%)

12:04
10/05/16
10/05
12:04
10/05/16
12:04

Costco says proceedings continuing in case brought by Tiffany

Costco Wholesale (COST) announced its response to the further jury verdict returned today in the case brought by Tiffany & Co. (TIF). Costco stated: "Proceedings are continuing. Because the jury's verdicts will be subject to further consideration by the Court, further comment is not appropriate at this time."

COST

Costco

$150.48

-0.53 (-0.35%)

TIF

Tiffany

$72.54

1.45 (2.04%)

  • 18

    Oct

COST Costco
$150.48

-0.53 (-0.35%)

09/12/16
JPMS
09/12/16
NO CHANGE
Target $179
JPMS
Overweight
Costco recent selloff a buying opportunity, says JPMorgan
JPMorgan analyst Christopher Horvers views the recent pullback in shares of Costco as a buying opportunity. The newly rolled out co-branded credit card should drive basket size and potentially traffic, Horvers tells investors in a research note. He believes Costco's "moderate" same-store-sales miss in August is a bright spot in retrospect given the subsequent negative preannouncements from peers. The analyst keeps an Overweight rating on the shares with a $179 price target.
09/23/16
LEHM
09/23/16
INITIATION
Target $158
LEHM
Equal Weight
Costco assumed with an Equal Weight at Barclays
Barclays analyst Karen Short assumed coverage of Costco with an Equal Weight rating and $158 price target. The rating is unchanged from the firm's prior coverage and the price target is lowered from $180.
09/23/16
BARD
09/23/16
NO CHANGE
Target $175
BARD
Outperform
Costco weakness a buying opportunity, says Baird
Baird analyst Peter Benedict recommends buying Costco (COST) on its pullback as he believes the shares offer a compelling value proposition. The analyst also sees Costco as having a loyal membership model that remains a positive in today's challenging retail world. Benedict sees better traffic/sales later this year as comps ease and members recognize the benefits of the new co-branded Visa (V) card. He reiterated his Outperform rating and $175 price target on Costco shares.
10/03/16
BARD
10/03/16
NO CHANGE
Target $175
BARD
Outperform
Costco could see sluggish September comps, says Baird
Baird analyst Peter Benedict previewed September sales for Costco (COST). He believes comps could be sluggish as they are going against difficult comparisons. Looking ahead, however, he sees better traffic and sales as comparisons start to ease and members increasingly recognize the benefits of the new co-branded Visa (V) card. Benedict reiterated his Outperform rating and $175 price target on Costco shares.
TIF Tiffany
$72.54

1.45 (2.04%)

04/21/16
OPCO
04/21/16
NO CHANGE
Target $80
OPCO
Outperform
Tiffany price target raised to $80 from $70 at Oppenheimer
Oppenheimer analyst Brian Nagel raised his price target for Tiffany to $80 from $70 to reflect the company's longer term growth prospects. Nagel says Tiffany Brand has the potential to evolve to become one of the preeminent global luxury names. In near-term, recent sales hindrances are beginning to abate, despite headwinds being apt to persist, the analyst tells investors in a research note. Nagel expects Tiffany to at least hit Street financial targets. The analyst reiterates an Outperform rating on the shares.
05/25/16
JEFF
05/25/16
NO CHANGE
Target $95
JEFF
Buy
Tiffany shares remain 'compelling' at these levels, says Jefferies
Jefferies analyst Randal Konik lowered his price target for Tiffany to $95 from $100 after the company reported than expected top-line results in Q1, but he keeps a Buy rating on the name. The analyst found Tiffany's gross margin upside encouraging and expects its top-line to recover "with time." The stock remains "compelling" at these levels, Konik tells investors in a post-earnings research note.
09/28/16
LYON
09/28/16
INITIATION
LYON
Outperform
Tiffany initiated with an Outperform at CLSA
CLSA analyst Rick Patel initiated Tiffany with an Outperform rating and a $80 price target.
09/30/16
GUGG
09/30/16
INITIATION
Target $85
GUGG
Buy
Tiffany initiated with a Buy at Guggenheim
Guggenheim analyst Robert Drbul initiated Tiffany with a Buy and a $85 price target saying it should benefit from scarcity value, as it is among very few pure-play U.S. high end luxury brands.

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