Reported 4 months ago
Costco's new Chief Financial Officer, Gary Millerchip, confirmed the $1.50 hot-dog price remains unchanged and discussed evaluating membership fees. Analysts are optimistic about Costco's performance, with Loop Capital raising the price target to $890 and Stifel analyst Mark Astrachan attributing solid results to the company's business model strength. Despite Roth MKM analyst Bill Kirk noting Costco's strong performance, he maintains a neutral rating as the shares are close to being fairly valued.
Source: YAHOO