BJ's Wholesale Club Downgraded to Hold by Gordon Haskett, Price Target Unchanged

Analyst Chuck Grom from Gordon Haskett has downgraded BJ's Wholesale Club Holdings (BJ) from 'Buy' to 'Hold'. The price target remains unspecified. BJ serves as one of the few warehouse club chains in the US, with 250 warehouses primarily located along the East Coast. The company charges annual membership fees and keeps costs down by operating a 'no-frills' store environment. The average target price for BJ is $124.09, with a high estimate of $140.00 and a low estimate of $72.43, indicating a potential upside of 20.64% from the current price of $102.86.