COST is trading 3.6% up at $914.06 after reporting robust December sales figures and receiving supportive analyst commentary.

  • Net sales jumped 8.5% year-over-year in December, reaching $29.86 billion.
  • Comparable sales rose 7%, while digitally enabled sales showed strong momentum, increasing approximately 19%.
  • Jefferies reiterated a Buy rating with a $1,050 target, while Telsey maintained Outperform with a $1,100 target.