Picture of Bath & Body Works logo

BBWI — Bath & Body Works News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousLarge CapSuper Stock

Raymond James downgrades Bath & Body Works to 'market perform'

** Brokerage Raymond James downgrades beauty and skincare firm Bath & Body Works BBWI.N to "market perform" from "outperform"

** Brokerage cites near-term challenges and disappointing performance of its new products

** Also cuts its estimates for sales and EPS, and expects other analysts to revise their forecasts downward

** Nine of 15 brokerages rate the stock "buy" or higher and six "hold"; their median PT is $35 - data compiled by LSEG

** As of last close, stock fell nearly 43.36% YTD

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))

Recent news on Bath & Body Works

See all news