Costco (COST) Target Lowered at Truist on Valuation Concerns

Costco Wholesale Corporation (NASDAQ:COST) is included among the 15 Best Blue-Chip Stocks with Growing Dividends. Costco (COST) Target Lowered at Truist on Valuation Concerns Photo by Dan Dennis on Unsplash On December 12, Truist analyst Scot Ciccarelli cut Costco Wholesale Corporation (NASDAQ:COST) price target to $926 from $1,033 and kept a Hold rating. He noted the company had another solid quarter, with US comps up 5.9% and enterprise comps up 6.4%. Membership growth is still healthy at 5.2%, but it ...