Stock Market & Financial Investment News

News Breaks September 27, 2012 08:33 EDT COST Costco valuation rich, says Bernstein Bernstein said Costo remains well positioned for topline growth but views valuation as rich given high expectations and lack of leverage. Shares are Underperform rated with a $94 price target. News For COST From The Last 14 Days Check below for free stories on COST the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 6, 2013 10:01 EDT COST On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Cadence (CADX) initiated with a Neutral at Piper Jaffray... Costco (COST) initiated with a Buy at Sterne Agee... Dollar General (DG) initiated with a Neutral at Sterne Agee... Dollar Tree (DLTR) initiated with a Buy at Sterne Agee... Emeritus (ESC) initiated with a Neutral at Goldman... Enbridge (ENB) initiated with an Outperform at Macquarie... ExOne (XONE) initiated with a Buy at Canaccord... Family Dollar (FDO) initiated with a Neutral at Sterne Agee... Five Below (FIVE) initiated with a Neutral at Sterne Agee... Haemonetics (HAE) initiated with an Outperform at JMP Securities... ING Group (ING) initiated with a Buy at Jefferies... J.C. Penney (JCP) initiated with a Buy at Sterne Agee... Kohl's (KSS) initiated with a Neutral at Sterne Agee... Macy's (M) initiated with a Buy at Sterne Agee... Nordstrom (JWN) initiated with a Buy at Sterne Agee... Saks (SKS) initiated with a Neutral at Sterne Agee... Signature Bank (SBNY) initiated with an Overweight at Morgan Stanley... The Fresh Market (TFM) initiated with a Buy at Sterne Agee... The Medicines Co. (MDCO) initiated with an Overweight at Piper Jaffray... Vitamin Shoppe (VSI) initiated with a Buy at Sterne Agee... Whole Foods (WFM) initiated with a Buy at Sterne Agee... SkyWest (SKYW) initiated with an In-Line at Imperial Capital... W&T Offshore (WTI) initiated with a Buy at SunTrust... Canadian Natural (CNQ) initiated with an Accumulate at Global Hunter... Cenovus Energy (CVE) initiated with a Buy at Global Hunter... Suncor (SU) initiated with a Buy at Global Hunter... Freeport McMoRan (FCX) coverage resumed with a Buy at Jefferies. 06:15 EDT COST Costco initiated with a Buy at Sterne Agee Subscribe for More Information 05:52 EDT COST Costco reports May comparable store sales up 5% Costco reported net sales of $8.13B for the month of May, the four weeks ended June 2, an increase of 7% from $7.57B during the similar period last year. 05:14 EDT COST Costco to host sales conference call Conference call to discuss May sales results will be held on June 6 at 8 am. Sign up for a free trial to see the rest of the stories you've been missing.