Morgan Stanley Maintains Overweight on Bath & Body Works, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kimberly Greenberger maintains an Overweight rating on Bath & Body Works (NYSE:BBWI) but lowers the price target from $76 to $61.
May 22, 2023 | 12:00 pm
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Morgan Stanley maintains an Overweight rating on Bath & Body Works (NYSE:BBWI) but lowers the price target from $76 to $61.
Morgan Stanley's lowered price target for Bath & Body Works may cause some short-term uncertainty among investors, but the Overweight rating indicates a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100