Goldman Sachs Downgrades BJ's Wholesale Club to Neutral, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has downgraded BJ's Wholesale Club (NYSE:BJ) from Buy to Neutral and lowered the price target from $75 to $73.
October 17, 2023 | 11:07 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs has downgraded BJ's Wholesale Club and lowered its price target, which could negatively impact the stock's performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. The downgrade from Buy to Neutral by Goldman Sachs, a major investment bank, and the lowering of the price target could lead to a decrease in investor confidence in BJ's Wholesale Club, potentially leading to a short-term decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100