Bernstein lowers Costco stock price target to $1,134 on valuation pullback

Costco is employing a clever strategy to keep prices low, which is a significant advantage for shoppers looking to save money. By focusing on bulk purchasing and minimizing overhead costs, the retail giant is able to offer competitive prices that attract customers. This approach not only benefits consumers but also reinforces Costco's position in the market as a go-to destination for affordable groceries.

Bernstein has raised its price target for Grab's stock to $6.60, reflecting the company's consistent performance in the market. This adjustment is significant as it indicates investor confidence in Grab's growth potential and operational stability, which could attract more investors and positively influence the stock's performance.

Eaton's stock has seen a notable rise following Bernstein's decision to reiterate an 'Outperform' rating on the company's liquid cooling deal. This endorsement from Bernstein highlights the potential growth and profitability of Eaton's innovative cooling solutions, which are becoming increasingly important in the tech industry. Investors are optimistic about Eaton's future prospects, making this a significant moment for the company.

Bernstein has given Swiggy an Outperform rating, highlighting the company's strong potential in the quick commerce sector. This is significant as it reflects confidence in Swiggy's ability to capitalize on the growing demand for fast delivery services, which could lead to increased market share and profitability. Investors may see this as a positive indicator for Swiggy's future performance.

The recent decision by the U.S. government to block the merger between Kroger and Albertsons is seen as a significant setback for these grocery giants, highlighting the competitive landscape dominated by Target, Costco, and Walmart. This ruling is important as it aims to protect consumer interests by promoting competition in the grocery sector, ensuring that shoppers have access to a variety of choices and prices.

A watchdog group has issued a warning to Costco members about a popular product that could pose risks. This alert is significant as it highlights potential safety concerns that could affect many shoppers who trust the brand for their household needs. Being informed helps consumers make safer choices and avoid potential health hazards.

Bernstein has downgraded Charter Communications, citing increased competition as a significant factor limiting the company's earnings growth. This decision highlights the challenges Charter faces in a rapidly evolving telecommunications landscape, where rivals are gaining ground. Investors should pay attention to how this shift may impact Charter's market position and financial performance moving forward.

Oppenheimer has reinstated Costco as a Top Pick, signaling strong confidence in the retailer's performance. This decision is significant as it reflects Oppenheimer's belief in Costco's robust business model and growth potential, which could attract more investors and boost the company's stock.

The crypto industry is gearing up for the 2026 midterms with a significant financial boost, amassing around $263 million through super political action committees. This amount nearly doubles the spending of the largest committee in the 2024 elections, showcasing the growing influence of crypto in politics.

Mizuho has reaffirmed its Outperform rating on Chewy's stock, even with the recent increase in membership fees. This decision reflects confidence in Chewy's business model and growth potential, suggesting that the company is well-positioned to navigate the changes.

Geberit has reported a 5.4% increase in sales for Q3 2025, showcasing resilience despite facing currency headwinds. This growth reflects the company's strong market position and effective strategies.

The U.S. bank regulator is taking steps to ensure that major banks have eliminated their 'debanking' policies, which could lead to a more inclusive banking environment for all customers.

The U.S. bank regulator has expressed that mergers could bring significant value to the banking sector and is dedicated to conducting a swift review process. This commitment aims to facilitate beneficial consolidations that can enhance efficiency and stability in the financial landscape.

The RBI has announced new leadership appointments at Popeyes and Burger King, signaling a fresh direction for both brands. This move is expected to enhance their market presence and drive innovation in their offerings.