Loop Capital lowered the firm’s price target on Costco (COST) to $1,110 from $1,115 and keeps a Buy rating on the shares after Q3 earnings beat. Core SSS beat consensus for each period of the quarter, and Costco also is slow to pass on cost increases, which is leading to its market share growth, the analyst tells investors in a research note. Loop adds that it remains positive on the stock given the company’s outsized value driving traffic to clubs.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COST:
- Costco’s Strong Financial Performance and Strategic Positioning Justify Buy Rating
- Costco price target raised to $1,153 from $1,148 at Bernstein
- Costco’s Strong Performance and Growth Potential Earns a Buy Rating from Analyst Simeon Gutman
- Costco Counters Tariffs with Strategic Sourcing and Bulk Orders
- Costco Reports Strong Growth in Q3 2025 Earnings