In tax refund the long run, Bed Bath & Beyond Inc. (BBBY) Stock makes the most sense financially and strategically

Telsey Advisory Group lowered the price target for the Bed Bath & Beyond Inc. (NASDAQ:BBBY) stock to ‘an Underperform’. The rating was released on June 30, 2023, according to finviz. We previously noted in another research note published on June 27, 2023 by B. Riley Securities that downgraded the stock from a Buy to a Neutral with a price target of $7 for BBBY stock. The research report from Telsey Advisory Group has reiterated the stock to Underperform, with a price target set at $6. The stock was downgraded by Telsey Advisory Group, who disclosed in a research note on April 14, 2023, from Outperform to Market Perform and set the price objective to $15.