Information Provided By: 
Fly News Breaks for July 11, 2019
BBBY
Jul 11, 2019 | 08:34 EDT
Baird analyst Peter Benedict lowered his price target for Bed Bath & Beyond to $13 from $18 and maintained a Neutral rating following the company's quarterly results. In a research note to investors, Benedict says that while adjusted EPS exceeded expectations, a lower tax rate/share count was required to offset an EBIT shortfall. While management remains focused on stabilizing sales in fiscal 2020, Benedict says he sees "little evidence" of an inflection on the horizon without sacrificing margins.
News For BBBY From the Last 2 Days
There are no results for your query BBBY
