Costco stock ends lower as analysts brace for a slower December sales print
Costco shares closed Friday down 0.9% at $854.50 ahead of its December sales update due Jan. 7. Analyst Joseph Feldman maintained an Outperform rating and a $1,100 target, forecasting December comparable sales growth of 2.2%, down from 7.4% a year earlier. The stock traded between $852.59 and $865.23 during the session.