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.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BJ:
- BJ’s Wholesale price target raised to $110 from $95 at TD Cowen
- BJ’s Wholesale price target raised to $95 from $85 at Loop Capital
- BJ’s Wholesale price target raised to $108 from $102 at UBS
- BJ’s Wholesale price target raised to $98 from $90 at Morgan Stanley
- BJ’s Wholesale price target raised to $105 from $95 at Baird