Bank of America Securities raised its price target on wholesale retailer Costco (COST) from $874 to $962 per share. Costco stock saw a dip in Thursday's regular trading hours as it announced its first price hike on membership fees in seven years.

Market Domination Overtime hosts Julie Hyman and Josh Lipton talk on the analyst note and how Costco historically performs after raising membership fees.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Luke Carberry Mogan.