By: Benzinga
December 31, 2012 at 11:25 AM EST
Piper Jaffray Reiterates Overweight Rating, $110 PT on Costco Wholesale Corporation
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating and $110 price target on Costco Wholesale Corporation (NASDAQ: COST ). Piper Jaffray noted, “We are estimating a December reported comp between 4%-6%, which is slightly below consensus of 5.8% at the mid-point. We are also assuming
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