Citi Resumes Coverage of Costco (COST)

Costco Wholesale Corporation (NASDAQ:COST) is one of the 12 Most Profitable S&P 500 Stocks to Invest In.

On June 18, 2026, Citi resumed coverage of Costco Wholesale Corporation (NASDAQ:COST) with a Neutral rating and a $1,020 price target. Citi views Costco as a long-term market share gainer but sees balanced risk/reward at current share levels.

Earlier in June, DA Davidson maintained a Neutral rating and $1,000 price target on Costco while adding the stock to its “Best-of-Breed Bison List.” DA Davidson cited Costco’s private-label products, general merchandise assortment, pharmacy, optical, and gas businesses, which help attract warehouse traffic. DA Davidson also pointed to low prices, distribution efficiency, a relatively small SKU count, and membership fee income as barriers to entry.

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Last month, Truist raised its price target on Costco to $1,011 from $977 and maintained a Hold rating. Truist said Costco’s consistent mid-single-digit comparable sales growth at a $300B annualized sales run rate “continues to amaze,” but noted that membership growth continues to moderate.

Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses across the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden.

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