Costco price target lowered to $575 from $600 at UBS
The Fly

Costco price target lowered to $575 from $600 at UBS

UBS analyst Michael Lasser lowered the firm’s price target on Costco to $575 from $600 and keeps a Buy rating on the shares. While the company had a "solid" Q2 report, this is likely to be overshadowed by slower February sales, the analyst tells investors in a research note. Membership growth remains consistent, the firm notes.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on COST:

Related Articles
Michael ByrneCostco (COST) vs. Target (TGT): Which is the Better Stock Going Forward? 
TheFlyDeere dips after Trump tariff threat, DOJ to sue Visa: Morning Buzz
TheFlyWalmart upgraded, Starbucks downgraded: Wall Street’s top analyst calls
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App