Costco Stock Options Hot After Membership Price Change

Costco Wholesale Corporation (NASDAQ:COST) yesterday raised membership prices in North America for the first time since 2017. Starting in September, "Gold Star" memberships in the U.S. and Canada will cost $65 instead of$60, while the "Executive" memberships will go up to $120 to$130. Plus, the maximum annual 2% reward moved higher to $1,250 from$1,000. The stock attracted no fewer than eight price-target hikes in response, with the highest coming from Jefferies to $1,050 from$860.Shares were last seen ...