Bed Bath & Beyond (BBBY) puts more active than calls into EPS and outlook

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Bed Bath & Beyond (BBBY) PT Lowered to $15 at Loop Capital Following 2Q

September 27, 2018 9:40 AM EDT

Loop Capital analyst Anthony Chukumba lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $15.00 (from $18.00) while maintaining a Hold rating following the company's 2Q earnings report. Net sales were roughly flat to F2Q 2017 at $2.9B. Operating margin declined 310 bps YoY to 2.7% and... More