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flag Investment firms boost stakes in BJ's Wholesale Club after it surpassed earnings expectations.

flag Investment firms have increased their stakes in BJ's Wholesale Club, following its recent quarterly earnings report, which beat expectations with earnings of $1.14 per share, though revenue was slightly below forecasts at $5.15 billion. flag The company operates membership warehouse clubs and offers a wide range of products. flag BJ's stock has a "Moderate Buy" rating with a target price of $116.12, and institutional investors hold 98.6% of its shares.

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