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Bernstein steps in with a defense of Bed, Bath, and Beyond (BBBY), saying at current levels the...

Bernstein steps in with a defense of Bed, Bath, and Beyond (BBBY), saying at current levels the valuation on the retailer is becoming increasingly attractive. It's a take that SA author Seth Golden appears to agree with as he dissects the stock to find some of the concerns over online competition and slowing momentum in the firm's at-home beverage carbonation category as overblown.
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