Baird Maintains Outperform on Bath & Body Works, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Bath & Body Works (NYSE:BBWI) but lowers the price target from $54 to $45.
August 29, 2024 | 11:44 am
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Baird analyst Mark Altschwager maintains an Outperform rating on Bath & Body Works but lowers the price target from $54 to $45, indicating a more cautious outlook.
The Outperform rating suggests continued confidence in BBWI's performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100