Bath & Body Works (BBWI) stock is extending gains on Aug. 18 after Citi analysts, led by Paul Lejuez, issued a bullish note in favor of the personal care products retailer. The firm upgraded BBWI this morning to “Buy” and announced a $25 price target, signaling potential upside of more than 25% from current levels over the next 12 months.
At roughly $20, Bath & Body Works shares currently sit just under the price at which they started the year.