JP Morgan Upgrades BJ's Wholesale Club to Neutral, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded BJ's Wholesale Club from Underweight to Neutral and increased the price target from $76 to $78.
August 26, 2024 | 12:10 pm
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JP Morgan has upgraded BJ's Wholesale Club from Underweight to Neutral, indicating a more positive outlook. The price target has been raised from $76 to $78, suggesting potential for modest stock price appreciation.
The upgrade from Underweight to Neutral by JP Morgan suggests a shift in sentiment towards BJ's Wholesale Club, indicating that the stock may perform better than previously expected. The raised price target to $78 reflects a modest potential for stock price increase, which could attract more investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100