JPMorgan Chase Boosts Bath & Body Works Price Target to $24.00

Financial analysts at JPMorgan Chase & Co. have boosted their price target for Bath & Body Works (NYSE:BBWI) stock from $22.00 to $24.00 in a recent research note.

The brokerage currently maintains a 'neutral' rating on the stock, indicating a potential upside of 19.43% from its previous close.

JPMorgan Chase & Co.'s target price comes after several other research firms have commented on BBWI. For example, Weiss Ratings raised shares of Bath & Body Works from a 'sell (d+)' rating to a 'hold (c-)' rating in a research note on July 9th.

Analysts at Citigroup also upgraded their rating for the company from 'neutral' to 'buy', setting a price objective of $25.00.