Deutsche Bank Downgrades Costco Wholesale To Hold

Analysts at Deutsche Bank downgraded Costco Wholesale Corporation COST from Buy to Hold. The price target for Costco Wholesale has been lowered from $147 to $142. Costco Wholesale shares have gained 36.46% over the past 52 weeks, while the S&P 500 index has surged 15.12% in the same period. Costco Wholesale's shares fell 2.20% to $152.49 in pre-market trading.