Shares of Costco Wholesale Corp (NASDAQ:COST) remained volatile in early trading on Friday, even after the company Thursday reported upbeat fiscal first-quarter results.
Here are some key analyst takeaways:
- BofA Securities analyst Robert Ohmes maintained a Buy rating and a $1,095 price target.
- Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating and price target of $1,100.
Check out other analyst stock ratings.
BofA Securities: Costco Wholesale reported total comps growth of 6.4% and U.S. comp growth of 5.9%, driven by both traffic and ticket size, Ohmes said in a note. The company reported higher-than-expected earnings of $4.50 per share, he added.
The analyst raised the fiscal 2026E earnings estimate to …