Jefferies Downgrades Bath & Body Works Inc. (BBWI) to Hold, 'we see limited growth opptys'

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Jefferies sees limited growth opportunities for Bath & Body Works (BBWI)

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

Bath & Body Works and Foot locker downgraded as JPMorgan cautious on 'macrodependant' stocks

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

JPMorgan Downgrades Bath & Body Works Inc. (BBWI) to Underweight

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