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Bath & Body Works price target raised to $46 from $40 at JPMorgan

JPMorgan analyst Matthew Boss raised the firm’s price target on Bath & Body Works to $46 from $40 and keeps an Overweight rating on the shares. The firm adjusted price targets in the department store and specialty softline group ahead of the Q2 reports. JPMorgan’s fieldwork indicates a strong close to the quarter on a July consumer acceleration, the analyst tells investors in a research note.

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