Goldman Sachs raised the firm’s price target on Costco (COST) to $1,133 from $1,118 and keeps a Buy rating on the shares after its Q3 earnings beat. The company’s total SSS growth of 8% was higher that Goldman’s 6.8% estimate amid “solid” top line trends with strength in fresh and non-foods, the analyst tells investors in a research note. Costco is working to mitigate tariff impacts, with raising prices being the company’s “last resort” while its membership count continues to grow, the firm added.
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