Roth Capital lowered the firm’s price target on BJ‘s Wholesale (BJ) to $97 from $106 and keeps a Neutral rating on the shares after the company reported a Q3 comp sales miss, but beat on adjusted EPS. Directionally, most key metrics have trended worse as FY25 has progressed, says the firm, which believes the Holiday period “carries too much risk” given commentary about consumers showing increased sensitivity to promotions.
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Read More on BJ:
- BJ’s Wholesale price target raised to $95 from $85 at Evercore ISI
- BJ’s Wholesale price target lowered to $105 from $115 at Morgan Stanley
- BJ’s Wholesale price target lowered to $115 from $130 at Baird
- BJ’s Wholesale price target lowered to $120 from $125 at UBS
- BJ’s Wholesale Club Holdings: Strong Performance and Strategic Initiatives Justify Buy Rating