Evercore ISI raised the firm’s price target on BJ‘s Wholesale (BJ) to $95 from $85 and keeps an In Line rating on the shares. BJ’s is showing strong member-centric growth with renewal rates at record highs and digital sales up 30% year-over-year, but current cyclical headwinds and competitive pressures may temper immediate gains, the analyst tells investors in a post-earnings note.
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Read More on BJ:
- BJ’s Wholesale price target lowered to $105 from $115 at Morgan Stanley
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- BJ’s Wholesale price target lowered to $120 from $125 at UBS
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