Costco Gets Analyst Rating at Wells Fargo
Costco shares remained even Tuesday after being initiated with a MARKET PERFORM rating by analysts at Wells Fargo.
Keep an eye on shares of Costco (COST) - Get Report Tuesday after the big box retailer was initiated with a MARKET PERFORM by analysts at Wells Fargo. Wells Fargo made a valuation call on the stock, as Costco shares already trade at more than 24 times future earnings. Separately, last week Costco announced a quarterly cash dividend of $0.45 a share payable November 18 to shareholders of record on November 4.
