Costco shares fall after six-session winning streak
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Costco Wholesale (COST) shares fell 1.3% to $1,080, ending a six-session winning streak. The stock has risen over 25% this year, outperforming the S&P 500's 8% increase. Seeking Alpha rates COST as a Hold with a score of 3.4, citing strong profitability but cautious growth. Analysts are divided, with 22 recommending Buy, 12 Hold, and 2 Sell. A Seeking Alpha analysis warns of potential pullbacks if performance expectations are not met. Costco's Q3 results are due on May 28.
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