Costco rises after Mizuho upgrades to 'outperform'

Shares of grocery shop retailer Costco Wholesale COST.O up 2% at $871.99

Mizuho upgrades stock to "outperform" from "neutral", raises PT to $1,000 from $950

Brokerage says co's biggest challenge is not lack of demand but managing overwhelming traffic at its busiest warehouses, notes COST is adding more locations in existing markets and pushing premium memberships to handle this surge

Adds wage growth as per new employee agreement is helping co control costs and exit a period of heavy spending, delivering strong double-digit earnings growth

23 of 37 brokerages rate stock "buy" or higher, 13 "hold", 1 "sell"; median PT of $1,036 - data compiled by LSEG

COST fell ~6% in 2025