Bath & Body Works, major fragrance company under the ticker
BBWI, is experiencing moderate success in the stock market, as revealed through a series of important market announcements. Barclays has cut its price target to $31, yet there are a number of noteworthy updates on stocks and earnings. BBWI declared a
$0.20 quarterly dividend, scheduled to be released on the payment date in June. However, the company also reported a plunge in share price following a decrease in earnings. Despite the reported loss, BBWI stock surged and then jumped nearly 10%, indicating some unexpected investor confidence. Many financial groups, such as Janus Henderson Group PLC, Bank of America, BNP Paribas Financial Markets, and Hudson Bay Capital Management LP, have invested significantly into BBWI. However, the looming threat of a potential 60% drop in Bath & Body Works stock lingers. Piper Sandler raised its price target amidst mixed investor sentiment and BBWI continues to surface as a potentially undervalued stock. A notable highlight includes a collaboration with Disney to release a
Disney Princess Fragrance Collection, alongside numerous financial institutions significantly boosting their BBWI holdings.
Bath Body Works BBWI News Analytics from Wed, 28 Aug 2024 07:00:00 GMT to Sat, 17 May 2025 20:25:26 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor -4
