BJ's Wholesale upgraded to Conviction Buy from Buy at Goldman Sachs Goldman Sachs analyst Kate McShane added BJ's Wholesale Club Holdings to the firm's Americas Conviction List while reiterating a Buy rating on the shares with a price target of $50, up from $49. The analyst's target price implies 24% upside with her bull case implying closer to 50% upside. New member acquisition should drive higher comps going forward and BJ's unit growth story is accelerating with "significant runway" for long-term growth, McShane tells investors in a research note. The analyst thought the company was one of the stronger stories at Goldman's retail conference