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Enter Symbol:
Rating: COST
Hold $144

Costco Wholesale Corporation (NASDAQ: COST) reiterated to Hold with price target $144 by Deutsche Bank

Wednesday,  Sep 30, 2015  12:25 PM ET by Betsy O'Brien Harrison

Deutsche Bank reiterated Costco Wholesale Corporation (NASDAQ: COST) to Hold with price
target $144. Previously Deutsche Bank reiterated Costco Wholesale Corporation (NASDAQ: COST) to Hold with price target $142 on 02/05/2015, when the stock price was $148.52.

Costco Wholesale Corporation (Costco) operates membership warehouses that offer its members low prices on a limited selection of branded and selected private-label products in a range of merchandise categories. It buys the majority of its merchandise directly from manufacturers and route it to a cross-docking consolidation point (depot) or directly to its warehouses. The Company?s depots receive container-based shipments from manufacturers and reallocate these goods for shipment to its individual warehouses. The Company?s warehouse format averages approximately 143,000 square feet. Its warehouses operate on a seven-day, 69-hour week. It carries an average of approximately 3,800 active stock keeping units (SKUs) per warehouse in its core warehouse business. Many consumable products are offered for sale in case, carton or multiple-pack quantities only.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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