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COST

Costco

$222.71

-2.13 (-0.95%)

16:53
12/10/18
12/10
16:53
12/10/18
16:53

Costco Q1 EPS estimate raised at Baird

Baird analyst Peter Benedict reiterated an Outperform rating and $250 price target on Costco shares, and raised his Q1 EPS estimate to $1.64 from $1.59, citing stronger sales. Benedict added that "With top-line momentum best-in-class and renewal rates inflecting... Costco's status as a rare 'growth staple' remains very much intact."

  • 13

    Dec

COST Costco
$222.71

-2.13 (-0.95%)

12/06/18
BARD
12/06/18
NO CHANGE
Target $250
BARD
Outperform
Baird remains buyer of Costco after 'strong' start to holiday season
Costco reported a "strong start to the holiday," with November comps up 9.2% and core trends rising 8.5%, well ahead of expectations, Baird analyst Peter Benedict tells investors in a research note. The acceleration from October's 6.6% core comp is notable as compares steepened by 230 basis points, Benedict tells investors in a research note. The analyst continues to like the fundamental setup for Costco shares, citing the company's "best-in-class" sales momentum. He remains a buyer with an Outperform rating and a "view" to his $250 price target.
12/03/18
12/03/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Verizon (VZ) downgraded to Neutral from Overweight at JPMorgan with analyst Philip Cusick saying that as much as he likes Verizon's "consistent and improving execution," the combination of a new management team and reporting lines with the stock's 17% year-to-date increase make the risk/reward less compelling than peers AT&T (T) and Comcast (CMCSA). 2. Costco (COST) downgraded to Neutral from Buy at Citi with analyst Kate McShane saying she sees "more headwinds than tailwinds likely in 2019" for Costco. 3. Tractor Supply (TSCO) downgraded to Perform from Outperform at Oppenheimer with analyst Brian Nagel saying he views lower oil prices as a risk for the company. 4. LabCorp (LH) downgraded to Hold from Buy at Craig-Hallum and to Neutral from Buy at BofA/Merrill. 5. Quest Diagnostics (DGX) downgraded to Neutral from Buy at BofA/Merrill with analyst Derik de Bruin citing the cut in FY18 guidance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
12/03/18
SBSH
12/03/18
DOWNGRADE
Target $238
SBSH
Neutral
Costco downgraded to Neutral from Buy at Citi
Citi analyst Kate McShane downgraded Costco Wholesale (COST) and lowered her price target for the shares to $238 from $257. The analyst sees "more headwinds than tailwinds likely in 2019" for Costco. Her top Hardlines & Broadlines idea for 2019 is AutoZone (AZO) and her favored smaller cap ideas are BJ's Wholesale (BJ) and RH (RH).
11/06/18
BARD
11/06/18
NO CHANGE
BARD
Baird expects another solid month of sales from Costco
Baird analyst Peter Benedict expects another solid month of sales for Costco -- with core comps for October around 7% -- as comparisons ease and traffic likely remained firm. In November, the analyst added, comparisons step up slightly, so some deceleration seems likely. Benedict reiterated an Outperform rating and $250 price target on Costco shares.

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BCH

Banco de Chile

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2.49 (11.64%)

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ITCB

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FTCH

Farfetch

$9.80

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KRP

Kimbell Royalty Partners

$13.99

(0.00%)

09:58
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  • 18

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BANC

Banc of California

$14.75

(0.00%)

, FCBP

First Choice Bank

$22.50

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AMAT

Applied Materials

$61.35

4.46 (7.84%)

, PCG

PG&E

$6.92

0.22 (3.28%)

09:55
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Early notable gainers among liquid option names on November 15th »

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AMAT

Applied Materials

$61.35

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PCG

PG&E

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DHR

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$141.30

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LRCX

Lam Research

$281.95

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OXY

Occidental Petroleum

$39.06

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EA

Electronic Arts

$99.12

1.58 (1.62%)

09:51
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  • 09

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GDDY

GoDaddy

$68.00

0.22 (0.32%)

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BCH

Banco de Chile

$21.39

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BSAC

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FTCH

Farfetch

$9.97

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09:45
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EWW

iShares MSCI Mexico

$44.07

(0.00%)

, RH

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$175.19

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J.C. Penney

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Amarin

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