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UPDATE: Oppenheimer Upgrades Costco Wholesale to Outperform, Raises Price Target To $335 As Firm Believes The 'potential for well above peer top-line trends set to continue, and prospects for a special dividend will outperform' Notes 5 Reason:

1. Costco Shares Have Lagged Lately 2. Valuation Now More Attractive on a Relative Basis 3. Costco Lapped Difficult Compares with Ease During the Holiday Season. 4. Earnings Growth Should

Benzinga · 01/21/2020 15:37

1. Costco Shares Have Lagged Lately

2. Valuation Now More Attractive on a Relative Basis

3. Costco Lapped Difficult Compares with Ease During the Holiday Season.

4. Earnings Growth Should Bottom-Out in Q2 and Re-Accelerate

5. Long Speculated Special Dividend on the Horizon?