Costco has initiated legal proceedings against the Trump administration, seeking refunds on tariffs imposed on imported goods. The company is part of a growing list of businesses challenging these tariffs, asserting that they are illegal and aiming to preserve their eligibility for refunds in the event that the Supreme Court rules against the tariffs. This lawsuit underlines the ongoing complexities surrounding trade policies and their financial implications for major corporations. Analysts have maintained positive ratings for Costco, with some projecting a price target of $1,100 as the situation develops.