BUZZ-Bath & Body Works rises after Citi upgrades to 'buy'

Reuters

Feb 28, 2025

** Shares of Bath & Body Works BBWI.N up 1.3% at $36.33 premarket

** Brokerage Citi upgrades stock to "buy" from "neutral", raises PT by $8 to $48

** BBWI fell 12.7% on Thursday after co forecast annual sales, profit largely below expectations, while Q4 results narrowly beat estimates

** Brokerage notes positive Q4 sales, if adjusted for quarter being a week short from a year ago

** Sees upside for annual sales forecast and the share repurchase plan

** Says Q1 trends running above co's guidance; sees sales beat, strong margins

** 13 of 19 brokerages rate the stock "buy" or higher, and six "hold"; with a median PT of $46

** BBWI fell ~10% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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Body Works rises after Citi upgrades to 'buy'</title></head><body><p>** Shares of Bath &amp; Body Works <span>BBWI.N</span> up 1.3% at $36.33 premarket</p><p>** Brokerage Citi upgrades stock to \"buy\" from \"neutral\", raises PT by $8 to $48</p><p>** BBWI fell 12.7% on Thursday after co <span>forecast</span> annual sales, profit largely below expectations, while Q4 results narrowly beat estimates</p><p>** Brokerage notes positive Q4 sales, if adjusted for quarter being a week short from a year ago</p><p>** Sees upside for annual sales forecast and the share repurchase plan</p><p>** Says Q1 trends running above co's guidance; sees sales beat, strong margins</p><p>** 13 of 19 brokerages rate the stock \"buy\" or higher, and six \"hold\"; with a median PT of $46</p><p>** BBWI fell ~10% in 2024</p><p> (Reporting by Neil J Kanatt in Bengaluru)</p><p> ((Neil.JKanatt@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BBWI","symbol_name":"Bath & Body Works Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250228:nL3N3PJ0YY:1","article_id":"2514232383","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514232383","pubTimestamp":1740744774,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Bath & Body Works rises after Citi upgrades to 'buy'** Shares of Bath & Body Works BBWI.N up 1.3% at $36.33 premarket** Brokerage Citi upgrades stock to \"buy\" from \"neutral\", raises PT by $8 to $48** BBWI fell 12.7% on Thursday after co forecast annual sales, profit largely below expectations, while Q4 results narrowly beat estimates** Brokerage notes positive Q4 sales, if adjusted for quarter being a week short from a year ago** Sees upside for annual sales forecast and the share repurchase plan** Says Q1 trends running above co's guidance; 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