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BJ’s Wholesale initiated with a Buy at BTIG

BTIG analyst Bob Drbul initiated coverage of BJ‘s Wholesale (BJ) with a Buy rating and $120 price target The firm views BJ’s as “attractively priced” and defensive in nature, says the analyst, who sees “a clear road map” for mid-single digit percentage revenue growth and EPS growth in the high-single to low-double digits.

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