Goldman Sachs analyst Kate McShane reiterated a Buy rating on Bath & Body Works (BBWI), setting a price target of $49.00. The company is leveraging strategic collaborations like the Disney Princess collection to boost customer engagement, with notable increases in app downloads and search interest. The analyst finds the stock highly attractive, trading at 8.9x NTM P/E, and believes BBWI is well-positioned to offer affordable luxuries with multiple growth initiatives.