Bed Bath & Beyond (BBBY) Outlook Is Worsening Due To Cash Burn
b'Bed Bath & Beyond (BBBY) stock price is down over 30% this year. "The outlook for Bed Bath & Beyond is worsening. I expect cash burn to remain high over the next two quarters. If the company does not secure financing, it may not have appropriate inventory for the holiday season," says Seth Basham. Wedbush has an underperform rating and a $5 stock price target on BBBY.'