Goldman Sachs Downgrades Costco Wholesale To Neutral

Analysts at Goldman Sachs downgraded Costco Wholesale Corporation COST from Buy to Neutral. The price target for Costco Wholesale has been lowered from $148 to $147. Costco Wholesale shares have jumped 22.62% over the past 52 weeks, while the S&P 500 index has surged 10.30% in the same period. Costco Wholesale's shares fell 0.56% to close at $142.52 yesterday.