Telsey Advisory Group Maintains Outperform on Bath & Body Works, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating for Bath & Body Works (NYSE:BBWI) but has lowered the price target from $53 to $42.
August 29, 2024 | 6:18 pm
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Telsey Advisory Group has maintained an 'Outperform' rating for Bath & Body Works but has lowered the price target from $53 to $42, 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 result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100