Telsey Advisory Group Reiterates Outperform on Bath & Body Works, Maintains $52 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has reiterated its 'Outperform' rating on Bath & Body Works (NYSE:BBWI) and maintained its price target of $52.
July 26, 2023 | 9:15 am
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POSITIVE IMPACT
Telsey Advisory Group's reiteration of an 'Outperform' rating and a $52 price target for Bath & Body Works could positively influence the company's stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and trading behavior. The reiteration of an 'Outperform' rating indicates that the analyst believes the company's stock will do better than others in the market. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100