Wells Fargo Maintains Equal-Weight on Bath & Body Works, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Bath & Body Works (NYSE:BBWI) and raised the price target from $42 to $48.

April 24, 2024 | 2:32 pm
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Wells Fargo has maintained an Equal-Weight rating on Bath & Body Works and increased the price target from $42 to $48.
The increase in price target by Wells Fargo suggests a positive outlook on Bath & Body Works' stock performance in the short term. This adjustment reflects an expectation of stronger financial performance or market positioning than previously anticipated. Investors may view this as a bullish signal, potentially leading to increased investor confidence and upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100