TD Cowen analyst Jonna Kim raised the firm’s price target on Bath & Body Works to $48 from $42 and keeps a Buy rating on the shares. The firm said it remains an underappreciated story despite its high teens operating margins, a robust FCF profile, and an agile supply chain.
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Read More on BBWI:
- Bath & Body Works (BBWI) Financials Offer Investors an Appealing Aromatic Option
- Bath & Body Works price target raised to $43 from $42 at Telsey Advisory
- Bath & Body Works price target raised to $42 from $40 at TD Cowen
- Bath & Body Works price target raised to $39 from $35 at JPMorgan
- Bath & Body Works price target raised to $36 from $35 at Piper Sandler