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BJ’s Wholesale price target raised to $95 from $88 at Evercore ISI

BJ’s Wholesale price target raised to $95 from $88 at Evercore ISI

Evercore ISI raised the firm’s price target on BJ‘s Wholesale (BJ) to $95 from $88 and keeps an In Line rating on the shares. A “solid” Q3 beat and news of a January 1 fee increase were “well received,” but the lowering of the Q4 guidance on re-investments and sales moderation, along with lower renewal intent in the firm’s latest survey and the potential for tariffs and/or port strike disruption, show risks remain, the analyst tells investors.

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