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Bed Bath & Beyond (BBBY) PT Lowered to $25 at Jefferies Following 2Q Report

September 21, 2017 7:11 AM EDT

Jefferies lowered its price target on Bed Bath & Beyond (NASDAQ: BBBY) to $25.00 (from $34.00) while maintaining a Hold rating following the company's 2Q earnings report. Adjusting for restructuring charges, BBBY reported EPS of $0.75 missing the Street's expectations of $0.95.

Management is taking actions to improve... More