Costco stock rises as Mizuho upgrade sharpens focus on December sales report
Costco shares climbed $9.15, or 1.0%, to $884.89 Tuesday after Mizuho upgraded the stock to “outperform,” citing strong consumer demand. Investors await Costco’s December sales report, set for release Wednesday at 4:15 p.m. ET, and Friday’s U.S. nonfarm payrolls data, both seen as key near-term tests.