UPDATE: Deutsche Bank's Costco Wholesale Downgrade, April SSS "OK"

Deutsche Bank downgraded Costco Wholesale COST from Buy to Hold in a research report published today. In the report, Deutsche Bank stated, "All in, the result looked solid, but signs of a slowdown in the U.S. reinforce our move earlier this week to downgrade the stock to Hold from Buy." Shares of Costco Wholesale closed Tuesday at $86.64, down 0.38 from Wednesday's market close.