Goldman Sachs Maintains Buy on Bath & Body Works, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Bath & Body Works (NYSE:BBWI) but lowers the price target from $60 to $49.
August 29, 2024 | 1:44 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained its Buy rating on Bath & Body Works but has lowered the price target from $60 to $49, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook on its potential upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100