Evercore ISI Group Maintains In-Line Rating for BJ's Wholesale Club: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Evercore ISI Group has maintained its In-Line rating for BJ's Wholesale Club (NYSE:BJ) but lowered its price target from $68.00 to $64.00. BJ's shares are currently trading at $64.30, and the new target suggests a slight decrease of 0.47%. BJ's Wholesale Club operates warehouse clubs and gas stations, offering a variety of products and generating revenue primarily from merchandise sales.
November 20, 2023 | 5:00 pm
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Evercore ISI Group maintains an In-Line rating for BJ's Wholesale Club with a reduced price target from $68 to $64, indicating a potential 0.47% downside from the current trading price of $64.30.
The reduction in the price target by Evercore ISI Group suggests that they see limited upside potential for BJ's Wholesale Club in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price, especially since the new target is slightly below the current trading price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100