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Jefferies Points to Uneven Consumer Demand in Bath & Body Works (BBWI) View
Yahoo Finance· 2026-01-24 11:52
Core Insights - Bath & Body Works, Inc. (NYSE:BBWI) is recognized as one of the 14 Best Mid-Cap Dividend Stocks to buy currently [1] - Jefferies has restarted coverage of Bath & Body Works with a Hold rating and increased its price target to $24 from $16, reflecting a cautious outlook on consumer demand influenced by a K-shaped recovery [2] Product Development - The company has a robust pipeline of new products that are expected to boost sales and attract new customers, with potential expansions into shaving, facial care, haircare, and men's grooming [3] Market Expansion - Bath & Body Works has significant untapped potential outside the U.S., with international markets contributing only about 5% of total sales in fiscal 2024, indicating a clear opportunity for global expansion [4]