Morgan Stanley Maintains Equal-Weight on BJ's Wholesale Club, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Equal-Weight rating on BJ's Wholesale Club (NYSE:BJ) and lowers the price target from $77 to $72.
May 24, 2023 | 12:09 pm
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Morgan Stanley maintains an Equal-Weight rating on BJ's Wholesale Club and lowers the price target from $77 to $72.
The news directly mentions BJ's Wholesale Club and the lowered price target by Morgan Stanley. This may cause short-term uncertainty among investors, but the Equal-Weight rating suggests that the stock is expected to perform in line with the market, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100