Bed Bath & Beyond Inc.
Long
Updated

Buy BBBY (Long Term)

425
Good level to buy now or near strong support of $12.50. Expecting a spinout or sale of one of their subsidiary Buy Buy Baby in the near future, which might drive the stock to >$30. Fundamentally the stock is pretty undervalued based on their revenue vs market cap, and has a low available float with high short interest.

Price Target 1: $30
Price Target 2 (9 months): $50
Trade active
Trade active
Averaged down

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