What Wall Street Analysts Recommend for Costco

Most analysts covering Costco (COST) maintain a positive outlook on the company’s prospects. Costco has impressed investors with its stellar sales growth driven by rising traffic, particularly in the US, and its higher transaction size. Plus, value pricing and vast offerings have supported the company’s top-line growth. Moreover, Costco’s increased membership-fee income, sales leverage, and focus on cost-saving measures have driven double-digit growth in its bottom line.