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.