Evercore ISI Group Maintains In-Line on Bath & Body Works, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Warren Cheng has maintained an In-Line rating on Bath & Body Works (NYSE:BBWI) but has lowered the price target from $40 to $30.
November 17, 2023 | 7:22 pm
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Evercore ISI Group has maintained an In-Line rating on Bath & Body Works but reduced the price target from $40 to $30, indicating a potential downside or limited upside from the current price level.
The reduction in price target by Evercore ISI Group suggests that the analyst sees less potential for price appreciation in Bath & Body Works' stock. This could lead to a negative sentiment among investors and potentially cause a short-term decline in the stock price.
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IMPORTANCE 80
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