BMO Capital Reiterates Outperform on Bath & Body Works, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has reiterated its Outperform rating for Bath & Body Works (NYSE:BBWI) but has lowered the price target from $52 to $50.
August 29, 2024 | 2:47 pm
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BMO Capital has reiterated its Outperform rating for Bath & Body Works but has lowered the price target from $52 to $50, indicating a slight decrease in expected future performance.
The reiteration of the Outperform rating suggests continued confidence in Bath & Body Works' performance, but the lowered price target indicates a slight reduction in expected future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100