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Goldman Sachs Added BJ's Wholesale (BJ) to its Conviction Sell List

November 10, 2009 7:05 AM EST
BJ Hot Sheet
Rating Summary:
    0 Buy, 6 Hold, 0 Sell

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Today's Overall Ratings:
    Up: 25 | Down: 12 | New: 36
Goldman Sachs added BJ's Wholesale Club, Inc. (NYSE: BJ) to its Conviction Sell list with a $33 downside price target, citing tough comparisons.

The firm cited risk that 4Q core SSS comes in at or below the low end of guidance, potential margin pressure and continued recovery in discretionary spend.

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