Costco 2H14 outlook positive, says Sterne Agee After meeting with Costco's CFO, Sterne Agee expects the company to benefit from easy compares on multiple P&L line items in 2H14. The firm thinks that the company's EPS contraction has abated, and it keeps a $129 price target and Buy rating on the shares.
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Costco selling Apple products again, says Jefferies Jefferies says that starting in late June, Costco (COST) began selling Apple (AAPL) products in stores and online again, after not carrying the brand since 2010. The firm thinks the move will help Costco's weaker performing Consumer Electronics category. Jefferies expects Costco to report a June comp store sales increase of 5%-6% and keeps a Hold rating on the stock.