Costco's Membership Growth Slows in Otherwise Strong Quarter — Market Talk
Costco reported overall strong fourth-quarter earnings, but slowing membership growth may be cause to revisit the stock's valuation, Truist analysts write in a note. They cut their price target to $955 from $1,011. The company's membership growth fell to 3.8%, representing eight straight quarters o…
Costco reported overall strong fourth-quarter earnings, but slowing membership growth may be cause to revisit the stock's valuation, Truist analysts write in a note. They cut their price target to $955 from $1,011. 8%, representing eight straight quarters o…