Pre-Open Stock Movers 06/29: Bed Bath & Beyond Sinks Following Results/CEO Change; Pinterest Gains on CEO Change (more...)

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Bed Bath & Beyond (BBBY) PT Lowered to $2 at Goldman Sachs

June 30, 2022 10:45 AM EDT

Goldman Sachs analyst Kate McShane lowered the price target on Bed Bath & Beyond (NASDAQ: BBBY) to $2.00 (from $14.00) while maintaining a Sell rating following earnings.

The analyst commented, "BBBY reported a 1Q22 adj. EPS of ($2.83), significantly lower than consensus (Refinitiv Eikon),... More