Wells Fargo negative on Bed Bath & Beyond

|About: Bed Bath & Beyond Inc. (BBBY)|By:, SA News Editor

Wells Fargo initiates coverage on Bed Bath & Beyond (NASDAQ:BBBY) at Underweight.

The Wells note hones in on the margin pressure that is building on the retailer.

BBBY -0.23% premarket to $17.32 vs. a 52-week trading range of $17.11 to $39.97.

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