Baird raised the firm’s price target on BJ‘s Wholesale (BJ) to $105 from $95 and keeps an Outperform rating on the shares. The firm said while 3Q’s headline beat included some noise, underlying results were better than expected, and critical membership KPIs continue to mirror those of industry blue-chip Costco.
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Read More on BJ:
- BJ’s Wholesale Club Reports Strong Q3 Results and Growth Plans
- BJ’s Wholesale price target raised to $110 from $105 at Jefferies
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