Barclays downgraded BJ‘s Wholesale (BJ) to Underweight from Equal Weight with a price target of $90, down from $115. The firm is concerned about the company’s sales momentum. BJ’s faces difficult comparisons and its comp growth is lagging peers, the analyst tells investors in a research note. In addition, Barclays notes that BJ’s is one of the names in the group that has consensus estimates embedding a comp acceleration in 2026.
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