Evercore ISI Group Maintains In-Line on BJ's Wholesale Club, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich has maintained an In-Line rating on BJ's Wholesale Club (NYSE:BJ) but has lowered the price target from $68 to $64.

November 20, 2023 | 4:00 pm
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Evercore ISI Group has maintained an In-Line rating on BJ's Wholesale Club but reduced the price target from $68 to $64, indicating a potential limited upside or downside.
The maintenance of an In-Line rating suggests that Evercore ISI Group believes BJ's Wholesale Club will perform similarly to the market or sector. The reduction in the price target, however, implies a slightly less optimistic view of the company's stock price potential. This could lead to a neutral short-term impact on the stock as investors digest the modest adjustment in expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100