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Costco Makes Progress on a Key Membership Metric. Here's Our New Price Target on the Stock

The bull case cites five straight EPS beats, 92.2% renewal rates and double-digit fee growth as support for higher valuation.

Summary by CNBC
Costco's membership renewal rates moved in the right direction. But the debate isn't totally settled just yet.

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

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BizToc broke the news on Thursday, September 24, 2026.
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