Why Costco Rallied Today
Shares of Costco Wholesale (NASDAQ: COST) were rallying today, up 3.1% as of 1:38 p.m. ET.
At the end of last week, the discount retailer reported strong earnings and announced a special dividend to be paid out in January.
Investors and analysts continue to be impressed with the numbers, as a prominent Wall Street analyst raised his price target on shares today.
Source Fool.com
