BUZZ-PREVIEW: Costco shares edge down; results due after the bell
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Costco Wholesaleshares fell 0.7% ahead of its quarterly results, expected to show revenue growth to $86.061 billion and EPS of $5.80. Analyst ratings include 22 "strong buy" or "buy" and 15 "hold" recommendations, with a median 12-month price target of $1,070. Year-to-date, Costco is up 2%, compared to a 13% gain in the S&P 500. The company previously missed Q3 revenue expectations and is facing a lawsuit from Lululemon over alleged knockoff products.
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