Jefferies Downgrades Bath & Body Works Inc. (BBWI) to Hold, 'we see limited growth opptys'
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Go back to Jefferies Downgrades Bath & Body Works Inc. (BBWI) to Hold, 'we see limited growth opptys'
October 26, 2023 12:06 PM EDT
Bath & Body Works, Inc. (NYSE: BBWI) was cut to Hold from Buy at Jefferies in a note Thursday, with analyst Ashley Helgans reducing the firm's price target for the stock to $30 from $45 per share.
Helgans told investors that the risk/reward... More
October 24, 2023 8:54 AM EDT
JPMorgan downgraded shares of Bath & Body Works, Inc. (NYSE: BBWI) and Foot Locker (NYSE: FL) to underweight from Neutral in a note to clients on Tuesday.
In the memo assessing the third quarter for retail stocks, analyst Matthew Boss told investors his firm remains more cautious on "'macrodependent' P/Ls with notable exposure to the low/middle-income consumer."
For FL, Boss... More
October 24, 2023 7:13 AM EDT
(Updated - October 24, 2023 7:14 AM EDT)
JPMorgan analyst Matthew Boss downgraded Bath & Body Works Inc. (NYSE: BBWI) from Neutral to Underweight with a price target of $27.00.
The analyst comments "We rate BBWI Underweight. The combination of (i) moderating same-store-sales relative to pre-pandemic +high-single-digit... More
