From Financial Modeling Prep: 2025-04-03 13:12:00

BJ’s Wholesale Club (NYSE:BJ) was upgraded by Citi analysts from Neutral to Buy, with a raised price target of $130. The stock rose over 2% in response to improved performance in membership growth and retail fundamentals, positioning BJ’s as a top warehouse club operator in a challenging retail landscape.

Citi sees BJ’s as a defensive growth opportunity in a volatile market, citing its bulk-buying model and value proposition as appealing to cost-conscious consumers. Despite trading above historical valuation levels, analysts believe BJ’s current momentum and growth potential make it a premium investment for SMID-cap growth investors.

With macroeconomic uncertainty and tariff concerns looming, Citi’s bullish outlook on BJ’s Wholesale Club is based on its strong execution and strategic positioning in the retail sector. The company’s steady expansion of store units and enhanced performance in key areas have solidified its reputation as a leading player in the warehouse club industry.



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