DA Davidson maintains Neutral rating on Costco Wholesale, $1040 price target

DA Davidson maintained their Neutral rating on Costco Wholesale's stock with a price target of $1040.00.The price target implies an upside of 16.0% from the Sep 24 close of $896.48.Key takeaways from the analyst noteValuation Concerns: Despite Costco's strong earnings growth and market position, th…