Wells Fargo Upgrades BJ's Wholesale Club to Overweight, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded BJ's Wholesale Club from Equal-Weight to Overweight and increased its price target from $75 to $92, indicating a positive outlook on the company's stock.
August 23, 2024 | 12:13 pm
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POSITIVE IMPACT
Wells Fargo has upgraded BJ's Wholesale Club from Equal-Weight to Overweight and increased its price target from $75 to $92, suggesting a positive short-term impact on the stock price.
The upgrade from Equal-Weight to Overweight by Wells Fargo indicates increased confidence in BJ's Wholesale Club's performance. The raised price target from $75 to $92 suggests expectations of stock price appreciation, likely leading to a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100