Big Jump for Bed Bath & Beyond
Bed Bath & Beyond (BBBY) is surging this morning on news of an upgrade from Credit Suisse. Analysts there have lifted the specialty retailer to Outperform from Neutral, sparking a powerful 4.5% jump.
The stock opened the session with a slight gap higher and, after a brief dip in the first few minutes of trade, began to attract aggressive buying. Bed Bath & Beyond is trading at new highs for the month and is now just shy of its April peak. A move past the $72.80 level will put the stock into fresh all-time high territory, extending its 2012 bull run to over 25%....344 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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