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Costco

(COST.NYSE)

Recommendation:

Buy

Share Price:

Market Cap:

$

We initiate coverage of Costco (COST) with a BUY (underweight) rating. The company is engaged in the sale of groceries, home goods and apparel via a membership programme. It has 842 warehouses across the world, and 118.9M members.

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Recommendation:

Buy

Share Price:

Market Cap:

$

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