Bath & Body Works Reports First Quarter 2024 Results

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Citi Reiterates Neutral Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 5:32 AM EDT

Citi analyst Paul Lejuez reiterated a Neutral rating and $48.00 price target on Bath & Body Works Inc. (NYSE: BBWI).

The analyst comments "1Q was a solid qtr with sales/GM beating cons. However, shares traded down ~13% after earnings, primarily on weaker-than-cons 2Q guidance/only a... More

JPMorgan Reiterates Neutral Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 5:02 AM EDT

JPMorgan analyst Matthew Boss reiterated a Neutral rating and $53.00 price target on Bath & Body Works Inc. (NYSE: BBWI)

The analyst comments "We rate BBWI Neutral. The combination of (i) normalizing same-store-sales relative to pre-pandemic +high-single-digit comp growth, (ii) margin recapture opportunity on product costs... More

Goldman Sachs Reiterates Buy Rating on Bath & Body Works Inc. (BBWI)

June 5, 2024 4:49 AM EDT

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $60.00 price target on Bath & Body Works Inc. (NYSE: BBWI).

The analyst comments "We reiterate our Buy rating with a 12-month price target of $60. Our key takeaways from the call include: 1) The top line came in... More