TD Cowen raised the firm’s price target on BJ‘s Wholesale (BJ) to $115 from $110 and keeps a Buy rating on the shares. The firm recognizes BJ’s as an attractive, differentiated growth story given the company can scale from a modest 250 club footprint, adding +50 in 5-years, to yield low double-digit EPS growth on a combination of unit expansion and comp sales growth each at mid single digits.
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Read More on BJ:
- BJ’s Wholesale price target raised to $87 from $75 at Roth MKM
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