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Bed Bath & Beyond Inc. (BBBY) [hlAlert]

Rating:
Neutral BBBY
down 11.36 %

Bed Bath & Beyond Inc. (BBBY) downgraded to Neutral with price target $48 by Wedbush

Posted on: Wednesday,  Dec 23, 2015  10:25 AM ET by Wedbush

Wedbush rated Neutral Bed Bath & Beyond Inc. (NASDAQ: BBBY) on 12/23/2015. Previously Wedbush rated Outperform Bed Bath & Beyond Inc. (NASDAQ:
BBBY) on 06/23/2011., when the stock price was $55.10. Since then, Bed Bath & Beyond Inc. has lost 11.36% as of 12/23/2015's recent price of $48.84.
If you would have followed the previous Wedbush 's recommendation on BBBY, you would have lost 11.36% of your investment in 1644 days.

Bed Bath & Beyond is a nationwide operator of `superstores` selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. The Company offers a wide assortment of merchandise at everyday low prices that are substantiallybelow regular department store prices and generally comparable to or belowdepartment store sale prices. The Company's domestics merchandise line includes items such as bed linens, bath accessories and kitchen textiles, and the company's home furnishings line.

Wedbush is Headquartered in Los Angeles, California with over 90 offices and more than 125 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We deliver superior investment ideas and products through exceptional customer care, financial security, continuity and advanced technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/23/2015 10:25 AM Hold
None
48.84 48.00
as of 8/27/2015
1 Week down  -1.26 %
1 Month down  -11.66 %
3 Months down  -10.26 %
1 YTD down  -22.16 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/23/2011 9:25 AM Buy
None
55.10 67.00
12/23/2010 9:25 AM Buy
None
50.45 58.00
9/23/2010 9:25 AM Buy
None
43.09 50.00
6/24/2010 9:25 AM Buy
None
39.65 48.00
4/8/2010 9:25 AM Buy
None
44.79 54.00

(*) Stock Price at the time of the recommendation.
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