Bed Bath & Beyond (BBBY) volatility increases into Q1 and outlook
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Nomura Securities Cuts Price Target on Bed Bath & Beyond (BBBY) Following 1Q Report
June 23, 2016 9:53 AM EDTNomura Securities maintained a Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY), and cut the price target to $45.00 (from $50.00), following the company's 1Q earnings report. BBBY reported EPS of $0.80 with flat sales of $2.74bn. Additionally, digital channel sales grew in excess of 20%, while... More
Jefferies Cuts Price Target on Bed Bath & Beyond (BBBY) Following 1Q Report
June 23, 2016 8:26 AM EDTJefferies maintained a Hold rating on Bed Bath & Beyond (NASDAQ: BBBY), and cut the price target to $45.00 (from $52.00), following the company's 1Q earnings report. BBBY reported EPS of $0.80 missing Street expectations for $0.86 as comps turned negative. Comp sales declined 0.5% vs. Street's expectations for +0.6%.
Analyst... More
