Costco (COST) is among the 15 Best Blue-Chip Stocks with Growing Dividends. Truist analyst cut Costco’s price target to $926 from $1,033, citing valuation concerns. CEO Ron Vachris announced the opening of 8 new warehouses, totaling 921 globally, with plans for 28 net openings this year. Costco posted $67.3 billion in revenue for the quarter, up 8.3% from last year, selling brand-name and private-label products in bulk at low prices.

Read more at Yahoo Finance: Costco (COST) Target Lowered at Truist on Valuation Concerns