Bath & Body Works price target raised to $52 from $51 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Bath & Body Works to $52 from $51 and keeps a Buy rating on the shares. The company in Q3 delivered its strongest sales growth in 10 quarters, the analyst tells investors in a research note. The firm says that with sales inflecting positive and margins well-managed, the stock’s multiple is on a path to re-rate higher, setting the stage for Bath & Body as a “compelling investment idea for 2025.”