Wells Fargo Reiterates Their Sell Rating on Bed Bath & Beyond (BBBY)


In a report released today, Zachary Fadem from Wells Fargo reiterated a Sell rating on Bed Bath & Beyond (BBBY), with a price target of $15. The company’s shares opened today at $16.07.

According to TipRanks.com, Fadem is a 5-star analyst with an average return of 12.0% and a 66.7% success rate. Fadem covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Advance Auto Parts.

The word on The Street in general, suggests a Hold analyst consensus rating for Bed Bath & Beyond with a $17.86 average price target.

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The company has a one-year high of $21.45 and a one-year low of $10.46. Currently, Bed Bath & Beyond has an average volume of 6.64M.

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Bed Bath & Beyond, Inc. engages in the operation of retail stores and retails domestics merchandise and home furnishings. It operates through the Bed Bath & Beyond, Christmas Tree Shops, Christmas Tree Shops andThat!, Harmon or Harmon Face Values, buybuy BABY, and World Market, Cost Plus World Market or Cost Plus brands.

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