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Costco price target raised to $1,315 from $1,175 at BMO Capital

BMO Capital analyst Kelly Bania raised the firm’s price target on Costco (COST) to $1,315 from $1,175 and keeps an Outperform rating on the shares after its Q4 earnings beat. The firm believes that the stock should remain a core holding, noting that its Q2 earnings were robust and stand out as consistently strong in the retail landscape marked by more volatility of execution and turnarounds.

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