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

Rating:
Outperform
BBBY
up 100.70 %

Bed Bath & Beyond Inc. (BBBY) rated Outperform with price target $46 by Wedbush Morgan

Posted on: Thursday,  Sep 24, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Bed Bath & Beyond Inc. (NASDAQ: BBBY) on 09/24/2009. Previously Wedbush Morgan rated Buy Bed Bath & Beyond Inc. (NASDAQ:
BBBY) on 06/26/2009., when the stock price was $31.14. Since then, Bed Bath & Beyond Inc. has gained 100.71% as of 01/15/2016's recent price of $62.50.
If you would have followed the previous Wedbush Morgan's recommendation on BBBY, you would have gained 100.7% of your investment in 2394 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2009 9:25 AM Buy
None
37.63 46.00
as of 12/31/2009
1 Week up  21.89 %
1 Month up  28.77 %
3 Months up  28.15 %
1 YTD up  27.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/18/2009 10:25 AM Buy
None
39.41 45.00
6/26/2009 1:25 PM Buy
None
31.14 37.00

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