Shares of Costco Wholesale (NASDAQ: COST) were rallying today, up 3.1% as of 1:38 p.m. ET.

At the end of last week, the discount retailer reported strong earnings and announced a special dividend to be paid out in January.

Investors and analysts continue to be impressed with the numbers, as a prominent Wall Street analyst raised his price target on shares today.

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Source Fool.com