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BJ's Wholesale Club (BJ) Tops Earnings Estimates - Well Positioned in Near and Long-term

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BJ's Wholesale (BJ) PT Raised to $90 at Jefferies

August 19, 2022 8:17 AM EDT

Jefferies analyst Stephanie Wissink raised the price target on BJ's Wholesale (NYSE: BJ) to $90.00 (from $85.00) while maintaining a Buy rating following the Q2 beat.

The analyst commented, "2Q results demonstrate the strength of value in the current environment, as comps (ex. fuel) of... More

UPDATE: BofA Securities Upgrades BJ's Wholesale (BJ) to Buy on Strong Trends in Tough Environment

August 18, 2022 9:47 AM EDT

(Updated - August 18, 2022 9:52 AM EDT)

BofA Securities analyst Robert Ohmes upgraded BJ's Wholesale (NYSE: BJ) from Neutral to Buy with a price target of $83.00 (from $72.00).

The analyst comments "We upgrade BJ to Buy from Neutral, and raise our PO to... More

BJ's Wholesale Club (BJ) Tops Q2 EPS by 27c, Comps Rise 19.8%; Raises Outlook

August 18, 2022 6:52 AM EDT

BJ's Wholesale Club (NYSE: BJ) reported Q2 EPS of $1.06, $0.27 better than the analyst estimate of $0.79. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $4.62 billion. Total comparable club sales increased by 19.8% year-over-year.

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