Bed Bath & Beyond (BBBY) Misses Q2 EPS by 14c

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Bed Bath & Beyond (BBBY) PT Lowered to $15 at Wedbush

September 27, 2018 10:08 AM EDT

Wedbush analyst Seth Basham lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $15.00 (from $18.00) while maintaining a Neutral rating.

Basham sees little visibility to a turnaround.

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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

Bed Bath & Beyond (BBBY) PT Lowered to $14 at JPMorgan

September 27, 2018 9:10 AM EDT

JPMorgan analyst Christoper Horvers lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $14.00 (from $16.00) while maintaining an Underweight rating.

The analyst noted gross margin was "much worse than expected, deleveraging ~280 bps to 33.7% (vs. consensus of 35.0%) driven by higher coupons (amount... More

Bed Bath & Beyond (BBBY) PT Lowered to $18 at Credit Suisse

September 27, 2018 8:24 AM EDT

Credit Suisse analyst Seth Sigman lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $18.00 (from $20.00) while maintaining a Neutral rating.

The analyst commented, "BBBY's Q2 was well below expectations and included its weakest GM in years. The -0.6% comps... More