JP Morgan Maintains Neutral on Bath & Body Works, Lowers Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains a Neutral rating on Bath & Body Works (NYSE:BBWI) and lowers the price target from $42 to $39.
August 29, 2024 | 1:45 pm
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JP Morgan's analyst Matthew Boss has maintained a Neutral rating on Bath & Body Works, but has lowered the price target from $42 to $39, indicating a slightly less optimistic outlook.
The lowering of the price target from $42 to $39 by JP Morgan 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