Evercore ISI lowered the firm’s price target on BJ‘s Wholesale to $68 from $69 and keeps an In Line rating on the shares, which have been removed from the firm’s “Tactical Underperform” list with BJ’s down over 5% since the firm’s prior call on August 14. However, the firm sees the stock as “likely to drip down towards the low $60’s as model’s shift post Tuesday’s retail volatility,” the analyst tells investors in a post-earnings note.
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