Costco & Staples Upgraded To Buy
Costco Wholesale Corp. was raised to buy from neutral by Goldman Sachs Wednesday morning. citing the company is boosting profit through better sales, accelerated unit growth and expense focus. Goldman analyst also upgraded ratings on Staples Inc. to buy from neutral, stating Staples continues to gain share and has managed its back-to-school sales while being more disciplined in its capital allocation.
Read more at In The Money Stocks
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