Costco Wholesale Corp.

Following months upon months of rumors and conflicting reports, it seems as if BJ's Wholesale Club (NYSE: BJ) has finally reached a buyout deal with Leonard Green & Partners and CVC for $51.25 per share in cash. The total value will be approximately $2.8 billion. According to Seeking Alpha, BJ...

According to Piper Jaffray, Costco (NASDAQ: COST) Overweight rating is reiterated. Piper Jaffray said that it is reiterating its OW rating with a PT of $88 following the reported May +13% comp, which was at the upper end of our range of +12% to +13% and easily exceeding consensus of ~+10.5%. “The...

According to Jefferies, Costco (NASDAQ: COST) core US sales were in-line with the upper end of expectations while International was better than expected. Jefferies said that Costco continues to benefit from inflation in food and gas. “In periods of rising prices, consumers are seeking out the low...

According to Citi, Costco Wholesale (NASDAQ: COST) reported May SSS of +13%, at the high-end of the 11 to 13% estimate range, above consensus of +10.9%, and vs. +9.0% last year. Citi said that SSS at domestic clubs were up +11%, while comps at the international clubs increased +21%. “Gasoline...

According to a recent report, Citi is happy with the core fundamentals of Costco Wholesale (NASDAQ: COST) despite low F3Q11 EPS results. Citi is reiterating the Hold rating and increasing the price target from $75.00 to $82.00. In the report, Citi said, "Although a LIFO charge in F3Q11 hit COST's...

Wall Street Strategies reiterated its Neutral rating on Costco Wholesale Corporation (NASDAQ: COST). In a research report published today, Wall Street Strategies listed a number of positive developments for the company. In the report, Wall Street Strategies states, "Costco did have another fine...

In a recent report, Equity Research has maintained the hold rating on Costco (NASDAQ: COST) and price target of $80.00 while awaiting clarity on gross margins and a potential decrease in consumer spending in the upcoming summer. In the report, Equity Research said, "We are reiterating our Hold...

The Motley Fool's Anand Chokkavelu wrote an article about how to choose the best stocks. He said the two most important factors in picking the best stocks were to know how great a company is and how much the market is charging for that greatness. Chokkavelu said that one of the biggest mistakes...