Citigroup Maintains Neutral on Bath & Body Works, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Bath & Body Works (NYSE:BBWI) while lowering the price target from $48 to $35.
August 20, 2024 | 4:05 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Bath & Body Works but has lowered the price target from $48 to $35, indicating a less optimistic outlook.
The lowering of the price target from $48 to $35 by Citigroup suggests a less optimistic view on Bath & Body Works' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100