Analysts are becoming increasingly bullish on Costco ($COST) as the company helps consumers combat inflation and shows improvements in e-commerce. Costco's recent update on membership fees has prompted analysts to reset their stock outlook. The warehouse retailer, which has 71 million members and over 800 stores globally, relies heavily on revenue from the Americas. On June 4, Costco's stock reached a new all-time high of $826.
$COST Costco reached a new all-time high of $826 today. https://t.co/lJsaVSdszB
🇺🇸 Analysts get more bullish on Costco as it helps consumers fight inflation, shows e-commerce improvement https://t.co/bDc2OYvI6c
#DeepDiveVideo Costco $COST the warehouse retailer with 71M members and 800+ stores Globally Costco still relies on Americas than other countries for revenue https://t.co/DMOo1XAVKC https://t.co/L8wxVMtc9z
$COST going for new highs
Costco membership-fee update prompts analysts to reset stock outlook https://t.co/WwyMXa17Qj
Analysts get more bullish on Costco as it helps consumers fight inflation, shows e-commerce improvement https://t.co/53lLWtlPJM