Loop Capital Downgrades BJ's Wholesale Club to Hold, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine downgraded BJ's Wholesale Club (NYSE:BJ) from Buy to Hold and reduced the price target from $85 to $80.
April 18, 2024 | 12:33 pm
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BJ's Wholesale Club was downgraded by Loop Capital from Buy to Hold, and its price target was lowered from $85 to $80.
The downgrade from Buy to Hold by a notable analyst, along with a reduction in price target, typically signals a less optimistic outlook on the stock's short-term growth potential. This could lead to decreased investor confidence and a potential decrease in stock price in the short term.
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