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Benzinga
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These Analysts Revise Their Forecasts On Costco After Q4 Results

1. Costco's Q4 revenue reached $86.16 billion, surpassing estimates. 2. Adjusted earnings per share were $5.87, also above expectations. 3. Membership fees increased to $1.72 billion, reflecting a $5 hike in fees. 4. Despite strong results, shares fell 2% to $925.03 post-announcement. 5. Analysts adjusted price targets, with most maintaining or lowering them.

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FAQ

Why Neutral?

Despite strong earnings, lowered price targets by analysts may limit upside potential. Historical trends show similar earnings results often lead to mixed stock reactions.

How important is it?

The financial results are significant but tempered by analyst downgrades, indicating a cautious market outlook.

Why Short Term?

The recent earnings report will influence price in the immediate term. However, long-term growth depends on sustained performance and market conditions.

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