Bath & Body Works price target raised to $20 from $18 at Barclays

Barclays analyst Adrienne Yih raised the firm’s price target on Bath & Body Works to $20 from $18 and keeps an Equal Weight rating on the shares. The firm is “constructive” on the specialty retail sector into 2026, citing inventory discipline and macro tailwinds from lower interest rates and gas prices. However, stock selection “is critical as demand uncertainty persists,” the analyst tells investors in a research note. Barclays adjusted price targets as part of its 2026 outlook.