JP Morgan Downgrades Bath & Body Works to Underweight, Announces $27 Price Target
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss has downgraded Bath & Body Works (NYSE:BBWI) from Neutral to Underweight and announced a $27 price target.
October 24, 2023 | 2:38 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bath & Body Works has been downgraded by JP Morgan from Neutral to Underweight with a new price target of $27.
The downgrade from JP Morgan is a negative signal for Bath & Body Works. The new price target of $27 suggests that the analyst believes there is downside potential for the stock. This could lead to selling pressure in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100