These Analysts Boost Their Forecasts On Bath & Body Works

Core Insights - Bath & Body Works, Inc. affirmed its FY2025 guidance, maintaining an adjusted EPS forecast of $3.25 to $3.60 per share, compared to market estimates of $3.52 per share [1] - The company also confirmed its FY2025 sales outlook of $7.38 billion to $7.53 billion, against expectations of $7.47 billion [1] Leadership Changes - Daniel Heaf has been appointed as the new CEO of Bath & Body Works, with the Board expressing confidence in his ability to drive innovative growth and transformation [2] - The Board highlighted Heaf's consumer-first mindset and vision for evolving the brand to remain relevant and resonant with customers [2] Stock Performance - Following the announcement of the new CEO, Bath & Body Works shares increased by 1.2%, trading at $33.97 [2] Analyst Reactions - UBS analyst Jay Sole maintained a Neutral rating on Bath & Body Works and raised the price target from $32 to $36 [5] - Barclays analyst Adrienne Yih kept an Equal-Weight rating and increased the price target from $31 to $35 [5] - Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating with a price target of $43 [5]