Costco Extending Pullback After Downgrade By Deutsche Bank


Shutterstock photo

(RTTNews.com) - Extending the steep drop seen in the previous session, shares of Costco ( COST ) have moved to the downside during trading on Monday. Costco is currently down by 1.7 percent after hitting a four-month intraday low.

The continued decline by Costco comes after Deutsche Bank downgraded its rating on the warehouse retailer to Hold from Buy and lowered its price target to $172 from $187.

For comments and feedback: contact editorial@rttnews.com




Referenced Symbols: COST , DB


More from RTT News

Subscribe






See headlines for COST

Follow on:








Research Brokers before you trade

Want to trade FX?