Evercore ISI is adding BJ‘s Wholesale to the firm’s “Tactical Underperform” list ahead of the company’s Q3 earnings release due on November 17. The firm cites softness in company specific data, as well as slowing industry demand for grocery and consumable products, that lead it to believe the company could give a more cautious outlook for Q4. Evercore has an In Line rating and $65 price target on BJ’s shares.
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