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Costco December Sales Top Analysts' Expectations

1. Costco's December sales rose 10% year-over-year to $27.52 billion. 2. U.S. comparable sales increased over 9%, driven by a strong holiday season. 3. JPMorgan's price target lowered to $1,065, still indicating a 15% upside. 4. Citi forecasts modest stock strength post strong holiday sales results. 5. Analyst sentiment reflects an upbeat consumer spending environment.

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FAQ

Why Bullish?

Strong holiday sales reported, improving consumer spending could benefit Costco's performance.

How important is it?

The article discusses key sales performance impacting Costco's immediate market perception.

Why Short Term?

Improving sales likely to affect stock price in the near term, as seen after previous holiday seasons.

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