Telsey Advisory Group Boosts Bath & Body Works Price Target

Analysts raise price target on Bath & Body Works stock to $23.00

Published on Feb. 27, 2026

Got story updates? Submit your updates here. ›

Telsey Advisory Group has increased its price target on Bath & Body Works (NYSE:BBWI) from $17.00 to $23.00, while maintaining a 'market perform' rating on the stock. The new price target suggests a potential downside of 1.37% from the company's current share price.

Why it matters

This price target adjustment by a prominent Wall Street research firm signals analysts' views on the current valuation and future prospects of Bath & Body Works, a major specialty retailer of personal care and home fragrance products. The stock's performance is closely watched as an indicator of consumer spending trends.

The details

In a research report issued on Friday, Telsey Advisory Group analysts raised their price target on Bath & Body Works shares from $17.00 to $23.00, while reiterating a 'market perform' rating. The new $23.00 price target indicates a potential downside of 1.37% based on the stock's current trading price. Several other analysts have also recently weighed in on Bath & Body Works, with price targets ranging from $18.00 to $26.00.

  • Telsey Advisory Group issued the updated research report on Friday, February 27, 2026.

The players

Telsey Advisory Group

A prominent Wall Street research and advisory firm that provides equity research coverage on various consumer and retail companies.

Bath & Body Works

A leading specialty retailer focused on personal care, home fragrance, and complementary products, operating a network of brick-and-mortar stores and e-commerce platforms.

Got photos? Submit your photos here. ›

The takeaway

This price target adjustment by Telsey Advisory Group reflects analysts' views on the current valuation and future prospects of Bath & Body Works, a major player in the personal care and home fragrance retail space. The new $23.00 price target suggests a potential downside, but the 'market perform' rating indicates the analysts see the stock as reasonably valued at current levels.