Costco

JP Morgan has raised the price target on Costco Wholesale (NASDAQ: COST) from $68 to $80.

Piper Jaffray has published a research report on Broadline Retail & Consumer Products, believing that now is a good time to be a consumer and that ad scans for Black Friday have shown that promotions will be higher than in 2009. In the report, Piper Jaffray writes "Price discounts appear...

Goldman Sachs has published a research report on America's Retail stores in anticipation of the forthcoming holiday season. In the report, Goldman Sachs writes "Week 4 of our Consumer Electronics Count exhibited more of the same as Amazon stood 11.6% below the average. Third-party sellers are...

In a report released this morning regarding same store sales, Citigroup said that gasoline inflation positively impacted Costco Wholesale Corporation's (NASDAQ: COST) SSS by +80 bps, and FX benefited SSS by +100 bps. “Traffic rose a little less than 5% in October, vs. 4.3% in September, and the...

Piper Jaffray has increased the price target for Costco Wholesale (NASDAQ: COST) from $68 to $72 and reiterates its Overweight rating. In the research report, Piper Jaffray writes "We are increasing our F11 EPS estimate from $3.20 to $3.29. Our F11 revenue estimate of ~$83B is in line with current...

Piper Jaffray writes on the September retail preview: "More than halfway through the month of September, women's specialty comps trending strongest, mass avg and teen lowest: Our PJC comp store index is forecasted to increase +1.4% in September, following a +2.9% increase in August, and a +2.9%...

Jim Cramer was recently on CNBC talking short term market movement; he voiced his opinion that the recent sell off is technical and quite healthy (many, myself included agree). He stated that near term momentum is with the defensive names as large players rotate out of high beta names and look for...

While discount retailers like Wal-Mart (NYSE: WMT)(FREE stock trend analysis) and CostCo (NYSE: COST)(FREE stock trend analysis) cut prices and make hay in the recession, the decision to reduce prices is much harder for luxury-goods retailers to make. Glamorous shoe designer Anyi Lu has cut its...