The Globe and Mail reports in its Friday, Dec. 1, edition that a slew of analysts raised their forecasts for Costco after it reported growth in its same-store sales in November from earlier this fall while noting improvement on the inflation front. The Globe's Darcy Keith writes in the Eye On Equities column that Citigroup analyst Paul Lejuez's share target soared $55 (U.S.) to $585 (U.S.). Analysts on average target the shares at $600.88 (U.S.), up from $594.78 (U.S.) a month ago. Mr. Lejuez says in a note: "November comps of 4.4 per cent accelerated vs October comes of 3.4 per cent and September comes of 3.7 per cent. Non-foods turned slightly positive after multiple months of negative results. ... Management believes inflation is back to normal, a little below 2 per cent in food, sundries and fresh. International comes (Canada 7.9 per cent and other 8.8 per cent) were strong. Black Friday was within expectations and didn't deviate from November's overall trend. We believe Costco is well positioned to navigate the current market environment, but trading at about 21 times F24 EBITDA we believe the risk/reward is balanced."