Baird Maintains Outperform on BJ's Wholesale Club, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Peter Benedict maintains an Outperform rating on BJ's Wholesale Club (NYSE:BJ) but lowers the price target from $90 to $80.
May 24, 2023 | 12:13 pm
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Baird analyst lowers price target for BJ's Wholesale Club (NYSE:BJ) from $90 to $80, but maintains Outperform rating.
The news of Baird analyst Peter Benedict maintaining an Outperform rating on BJ's Wholesale Club indicates a positive outlook for the company. However, the lowering of the price target from $90 to $80 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100