TD Cowen raised the target price for Costco from $1,100 to $1,175

Zhitong
2025.06.02 10:09

TD Cowen analyst Oliver Chen raised the target price for Costco Wholesale Corporation from $1,100 to $1,175, maintaining a buy rating. The new target price implies a 13% increase compared to the latest stock price. Costco's quarterly earnings report released on May 29 showed that its earnings exceeded expectations, but sales fell short of expectations