bebe stores, inc. Lowered to Neutral at Janney Montgomery Scott (BEBE)
bebe stores, inc. (NASDAQ:BEBE) was downgraded by stock analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating in a report issued on Friday, TheFlyOnTheWall.com reports. They currently have a $3.00 price objective on the stock. Janney Montgomery Scott’s price objective points to a potential upside of 5.26% from the stock’s previous close.
A number of other analysts have also recently weighed in on BEBE. Analysts at Zacks downgraded shares of bebe stores, inc. from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 23rd. They now have a $2.70 price target on the stock. Analysts at B. Riley downgraded shares of bebe stores, inc. from a “buy” rating to a “neutral” rating in a research note on Monday, June 30th. They now have a $3.40 price target on the stock, down previously from $7.50. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. bebe stores, inc. currently has an average rating of “Hold” and an average target price of $4.28.
Shares of bebe stores, inc. (NASDAQ:BEBE) opened at 2.85 on Friday. bebe stores, inc. has a 52-week low of $2.78 and a 52-week high of $7.03. The stock’s 50-day moving average is $2.92 and its 200-day moving average is $4.6. The company’s market cap is $226.4 million.
bebe stores, inc. designs, develop and produce a distinctive lines of contemporary women’s apparel and accessories.
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