Costco price target lowered to $1,025 from $1,060 at Evercore ISI

Evercore ISI lowered the firm’s price target on Costco (COST) to $1,025 from $1,060 and keeps an Outperform rating on the shares following Q4 results that the firm says showcase “impressive traffic and core EPS growth amidst a challenging retail landscape.” Even as input costs rise, the company is expected to leverage its scale and supply chain strengths to navigate tariff impacts effectively, says the analyst, who calls Costco “a core holding for its defensive growth and market share gains.”