|Analyst / Firm||Company||Price||Rating||Price Target||Upside/Downside||Date|
Costco Wholesale CorpCOST
3 days ago
#224 out of 4035 analysts
50%30 out of 60
Risk vs Reward
Ciccarelli nudged down his price target on Costco Wholesale Corporation by 2.1% following the release of the company's Q4 and FY 2022 earnings report on 2022/09/22.
To reflect both a decline in the overall segment multiple and the company's "strong" Q4 results, the analyst said he reduced his PT and kept his rating, respectively.
Even as Costco's core retail operations become more profitable, consumers recognize its "unassailed" value proposition which continues to drive strong traffic and sales, the analyst summarized bullishly.
Ciccarelli further highlighted the company's strong fundamentals, "virtually unmatched" competitive positioning, and the potential for future membership fee increases.
For Q4 2022:
For FY 2022:
Management did not provide guidance or comments in the press release.
a day ago