Wells Fargo analyst Edward Kelly raised the firm’s price target on BJ‘s Wholesale (BJ) to $125 from $115 and keeps an Overweight rating on the shares. The firm notes BJ delivered a strong Q4 and provided 2025 that seems conservative. While trends eased into February, the model is resonating and relatively less exposed to numerous macro issues, Wells adds. Investment should support continued long-term momentum, the firm argues.
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