BJ’s Wholesale price target raised to $97 from $89 at UBS

UBS analyst Mark Carden raised the firm’s price target on BJ‘s Wholesale to $97 from $89 and keeps a Buy rating on the shares. There was a lot of skepticism about BJ’s set up heading into results, but BJ’s had enough working in its favor to beat modest expectations, the analyst tells investors in a research note. While its general merchandise business saw some regional fluctuations, it’s seeing strong performances in key categories, the firm says.