Deutsche Bank Maintains Buy on Bath & Body Works, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Buy rating on Bath & Body Works (NYSE:BBWI) but lowers the price target from $57 to $54.
August 26, 2024 | 5:11 pm
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NEUTRAL IMPACT
Deutsche Bank has reaffirmed its Buy rating on Bath & Body Works but has reduced the price target from $57 to $54, indicating a slightly less optimistic outlook.
The reaffirmation of the Buy rating suggests continued confidence in Bath & Body Works' performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100