---
title: "BUZZ-Bath & Body Works down after Citigroup downgrades to 'neutral'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276124492.md"
datetime: "2026-02-17T12:38:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276124492.md)
  - [en](https://longbridge.com/en/news/276124492.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276124492.md)
---

# BUZZ-Bath & Body Works down after Citigroup downgrades to 'neutral'

Citigroup downgrades rating of Bath & Body Works (BBWI.N) to “neutral” from “buy”, bringing the beauty and skincare firm’s shares down 2% at $23.55 premarket

Brokerage says it is cautious on FY26, which is expected to be the 5th consecutive year of sales declines as core business remains weak

Citi warns that Amazon’s (AMZN.O) expansion in 2H26 could intensify competition, particularly given the overlap with BBWI core customer base

However, brokerage raises PT to $25 from $21, representing ~4% upside to stock’s last close

PT raise reflects a slightly more stabilized consumer environment in the U.S. - Citigroup

5 of 15 brokerages rate stock “buy” or higher, 10 “hold”; median PT is $21 - data compiled by LSEG

BBWI was down 48% in 2025

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