Latest news with #KatyHallberg
Yahoo
28-05-2025
- Business
- Yahoo
BJ's Wholesale Earns Price Target Hike on Fresh Food Gains, Says DA Davidson
On May 24, DA Davidson maintained its Buy rating and increased its price target on BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) from $130 to $140, noting the company's strong first-quarter results as a key driver of optimism. Analyst Katy Hallberg emphasized that BJ's continuous strategy execution, especially in fresh food, continues to yield favorable outcomes. Hallberg noted that improvements in the produce section contributed to the sustained strength of comparable store sales. The analyst believes that this momentum will continue as the Fresh 2.0 program expands to include other grocery categories, thus adding on to BJ's competitive positioning in the wholesale retail market. DA Davidson believes that BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) has a great chance to grow beyond its existing regional footprint in the future. According to the firm, BJ's can expect to benefit from a rise in membership, a value-conscious customer base, and a larger market share in the warehouse club industry. While we acknowledge the potential of BJ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BJ and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None.
Yahoo
28-05-2025
- Business
- Yahoo
BJ's Wholesale Earns Price Target Hike on Fresh Food Gains, Says DA Davidson
On May 24, DA Davidson maintained its Buy rating and increased its price target on BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) from $130 to $140, noting the company's strong first-quarter results as a key driver of optimism. Analyst Katy Hallberg emphasized that BJ's continuous strategy execution, especially in fresh food, continues to yield favorable outcomes. Hallberg noted that improvements in the produce section contributed to the sustained strength of comparable store sales. The analyst believes that this momentum will continue as the Fresh 2.0 program expands to include other grocery categories, thus adding on to BJ's competitive positioning in the wholesale retail market. DA Davidson believes that BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) has a great chance to grow beyond its existing regional footprint in the future. According to the firm, BJ's can expect to benefit from a rise in membership, a value-conscious customer base, and a larger market share in the warehouse club industry. While we acknowledge the potential of BJ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BJ and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and . Disclosure: None. Sign in to access your portfolio
