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Benzinga
Why Costco Shares Are Rising
Costco Wholesale Corporation (NASDAQ: COST) shares are trading higher after the company reported October sales, total company comparable sales and ecommerce sales were all higher year over year. Costco reported October sales were up 19.2% year over year, total company comparable sales were up 17.5% year over year, and Ecommerce sales were up 16.5% year over year. Analyst Assessment: Multiple Analyst firms raised price targets on the stock following Costco’s October sales results: Raymond James a