BJ’s Wholesale price target lowered to $97 from $106 at Roth Capital

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.