Costco Wholesale Inc. (NASDAQ: COST ) is one The best stocks that will make you rich in 10 years.
Telsey Advisory raised its price target on Costco Wholesale Inc. (NASDAQ: COST ) to $1,125 from $1,100 on March 6, reiterating an outperform rating on the stock and telling investors the company continues to perform well amid an uncertain operating environment, and should remain a profitable contributor.
On the same day, Trust raised its price target on Costco Wholesale Inc. (NASDAQ: COST ) to $977 from $926, reiterated a hold rating on the stock and told investors that while the company posted another strong quarter, its membership growth remains significant. The company added in a research note that the stock’s valuation does not leave much room for error, and investors want to see the impact of member growth for the stock’s recovery.
The ratings update comes after Costco Wholesale Inc. (NASDAQ: COST ) announced year-to-date operating results for fiscal 2026 on March 5, reporting that net sales for the quarter rose 9.1% to $68.24 billion from $62.53 billion last year. Net sales in the first 24 weeks experienced growth of 8.7%, reaching $134.22 billion compared to $123.52 billion last year.
Costco Wholesale Corporation (NASDAQ: COST ) operates the membership-only Big Box Warehouse Club store and is one of the most popular department stores in the United States. It offers a wide range of offers to its customers, including food, beverages, groceries and more.
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