Bed Bath & Beyond Surges to 52-Week High

Shares of Bed Bath & Beyond ($BBBY) are rocking today. The stock has been as high as $65.27.

From Seeking Alpha:

Bed Bath & Beyond (BBBY +4.1%) moves up after its comp estimates are raised at Bernstein to 4.6% from 3.3%. Baird cites the company’s improvement in discrete comp drivers and improving sales trends. The company rates the shares at Outperform with an $80 price target.

The company is due to report fiscal Q4 earnings at the beginning of April. I’m looking for a strong report.

Posted by on March 14th, 2012 at 2:34 pm


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