Wells Fargo Maintains Equal-Weight on Bath & Body Works, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Bath & Body Works (NYSE:BBWI) and increased the price target from $40 to $42.
March 01, 2024 | 5:59 pm
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Wells Fargo has maintained an Equal-Weight rating on Bath & Body Works and raised the price target from $40 to $42.
The increase in price target by Wells Fargo suggests a positive outlook on Bath & Body Works' financial performance and stock potential. This adjustment reflects an expectation of stronger performance or favorable market conditions for BBWI, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90