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BJ’s Wholesale price target lowered to $90 from $110 at JPMorgan

JPMorgan analyst Christopher Horvers lowered the firm’s price target on BJ‘s Wholesale (BJ) to $90 from $110 and keeps a Neutral rating on the shares ahead of the Q3 report. The firm reduced Q3 same-store-sales forecasts and expects the retail earnings season “to be quite mixed.”

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