BofA raised the firm’s price target on BJ‘s Wholesale (BJ) to $130 from $125 and keeps a Buy rating on the shares after the company reported fiscal Q1 EPS and comps ex-gas that were ahead of expectations. The firm raised its FY26 adjusted EPS forecast to $4.25 from $4.15 as Q1 upside is partly offset by uncertainty around macro and cost pressures, the analyst tells investors in a post-earnings note.
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Read More on BJ:
- Balanced Outlook on BJ’s Wholesale Club: Strong Earnings and Growth Amid Valuation Concerns
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- BJ’s Wholesale Club Reports Strong Q1 Fiscal 2025 Results
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