Evercore ISI and Citi analysts have both raised their price targets for Costco (COST) following the company’s strong fiscal Q2 performance. Costco reported a modest beat in same-store sales and earnings, with notable growth in e-commerce and a significant increase in membership fee income and total paid members. The article also touches upon Costco’s business model and briefly mentions other investment opportunities in AI stocks.
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Evercore ISI Raises Costco (COST) Price Target, Citi Also Lifts Valuation After Q2 Beat
Evercore ISI and Citi analysts have both raised their price targets for Costco (COST) following the company’s strong fiscal Q2 performance. Costco reported a modest beat in same-store sales and earnings, with notable growth in e-commerce and a significant increase in membership fee income and total paid members. The article also touches upon Costco’s business model and briefly mentions other investment opportunities in AI stocks.