Bob’s Discount Furniture price target lowered to $23 from $25.50 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on Bob’s Discount Furniture (BOBS) to $23 from $25.50 and keeps an Overweight rating on the shares. Storm activity in January and February drove a slow start to 2026, though demand has rebounded in March and KPIs are intact, says the analyst, who views the risk/reward as one that “skews attractive.”