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Fly News Breaks for July 18, 2019
BJ
Jul 18, 2019 | 09:00 EDT
Loop Capital analyst Laura Champine kept her Buy rating and $35 price target on BJ's Wholesale after her latest round of store checks. The analyst believes that the company is executing well on its strategies amid a favorable operating environment for warehouse clubs, but still has an opportunity to improve its value proposition and its range of product categories. Champine is modeling 1.5% comps growth for Q2 against a tough 5% comparison in the corresponding quarter last year.
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