Truist Highlights Costco’s (COST) Sales Momentum While Flagging Membership Growth Slowdown

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Truist raised its terms proposal connected Costco Wholesale Corporation (NASDAQ:COST) to $1,011 from $977 connected May 29. It reiterated a Hold standing connected the stock. In a probe note, the expert said Costco’s quality to consistently present mid-single-digit comparable income maturation contempt operating astatine an annualized income tally complaint of astir $300 cardinal continues to beryllium impressive. The steadfast noted that 1 of the fewer cardinal concerns is that rank maturation has continued to slow.

Also connected May 29, BofA accrued its terms extremity connected Costco to $1,200 from $1,185. It maintained a Buy standing pursuing the company’s third-quarter results, which came successful “largely successful enactment with expectations.” After reviewing the results, the steadfast near its FY26 EPS estimation unchanged and raised its FY27 EPS forecast by $0.10, citing a humble betterment successful its SG&A outlook.

Costco Wholesale Corporation (NASDAQ:COST) operates rank warehouses and e-commerce platforms that merchantability a premix of nationally branded and private-label products crossed a wide scope of categories.

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