Loop Capital analyst Laura Champine raised the firm’s price target on BJ‘s Wholesale (BJ) to $85 from $80 and keeps a Hold rating on the shares as part of a broader research note on Super Centers. Store level execution is much better at Costco (COST), but BJ’s customer-facing omnichannel efforts are “robust”, the analyst tells investors in a research note. Loop’s store checks also show some progress at BJ’s, with improved signage in fresh food and clear signage on check-out from the app, the firm added.
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