COST slips on valuation
Costco is drifting moderately lower after its Q4 earnings beat, as a lowered price target from Deutsche Bank and a rich 43x earnings valuation are prompting profit-taking despite solid results.
Sources: https://ground.news/article/costco-wholesale-nasdaq-cost-stock-price-target-lowered-at-deutsche-bank-aktiengesellschaft, https://norrisai.us/analysis/cost/,
Sources
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