Costco Wholesale Stock News

Stock futures are rising as oil prices and government bond yields retreat; the AI trade is starting off the week hot, with a number of chipmakers gaining; crypto stocks are also rallying as bitcoin climbs to its highest point since January; Paramount and Warner Bros. Discovery are reportedly nearing a settlement to the suit several states filed to block their merger; and earnings from Costco an...

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Great news for Costco shoppers after the popular warehouse store announced it was expanding delivery options nationwide with DoorDash and Uber Eats.

Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) retained Bank of America Corp (NYSE:BAC)'s Buy rating despite a price target cut, as rising supply chain costs prompted a more cautious margin outlook. In September 16 trading, shares fell to $900.49, while the broker maintained its "buy" rating and cut its price target to $1,095 from $1,200.

Costco is now available on the DoorDash Marketplace across the United States, DoorDash said in a Thursday (Sept. 17) press release emailed to PYMNTS.