Analyst upgrade boosts Bed Bath & Beyond’s stock price
September 18, 2018
Budd Bugatch, an analyst with Raymond James, upgraded his rating on Bed Bath & Beyond to market perform after five months of listing it as underperform. Mr. Bugatch expects to see higher sales from the chain as a result of an improving economic environment. Shares in the company rose 1.7 percent in premarket trading.
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