MFS Intermediate Income Trust (MIN) Forms $3.89 Double Bottom; 2 Analysts Covering Bed Bath & Beyond Inc. (BBBY)

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Logo

Among 33 analysts covering Bed Bath & Beyond (NASDAQ:BBBY), 2 have Buy rating, 11 Sell and 20 Hold. Therefore 6% are positive. Bed Bath & Beyond had 84 analyst reports since September 21, 2015 according to SRatingsIntel. SunTrust downgraded the stock to “Neutral” rating in Wednesday, December 23 report. Bank of America maintained it with “Underperform” rating and $16 target in Thursday, April 12 report. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Underweight” rating by KeyBanc Capital Markets on Thursday, April 12. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) earned “Hold” rating by Credit Suisse on Wednesday, September 20. The company was maintained on Monday, September 28 by Citigroup. The stock of Bed Bath & Beyond Inc. (NASDAQ:BBBY) has “Hold” rating given on Wednesday, April 11 by Jefferies. The firm earned “Neutral” rating on Thursday, June 23 by Credit Suisse. The firm has “Mkt Perform” rating given on Thursday, December 22 by Raymond James. The rating was maintained by Credit Agricole on Friday, September 25 with “Neutral”. Raymond James downgraded the shares of BBBY in report on Thursday, April 12 to “Sell” rating. See Bed Bath & Beyond Inc. (NASDAQ:BBBY) latest ratings:

24/04/2018 Broker: Wells Fargo Rating: Underperform New Target: $16 Initiates Coverage On
12/04/2018 Broker: Citigroup Rating: Sell New Target: $16.0000 Maintain
12/04/2018 Broker: Raymond James Rating: Sell Downgrade
11/04/2018 Broker: Jefferies Rating: Hold New Target: $21.0000 Maintain
12/04/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $19 New Target: $16 Maintain
12/04/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $23 New Target: $18 Maintain
12/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $25 New Target: $20 Maintain
12/04/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $20 New Target: $16 Maintain
12/04/2018 Broker: KeyBanc Capital Markets Old Rating: Underweight New Rating: Underweight Old Target: $17 New Target: $16 Maintain
10/04/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $24 New Target: $21 Maintain

MFS Intermediate Income Trust (MIN) formed double bottom with $3.66 target or 6.00% below today’s $3.89 share price. MFS Intermediate Income Trust (MIN) has $458.57 million valuation. The stock decreased 0.13% or $0.01 during the last trading session, reaching $3.89. About 82,509 shares traded. MFS Intermediate Income Trust (NYSE:MIN) has declined 7.63% since April 30, 2017 and is downtrending. It has underperformed by 19.18% the S&P500.

Investors sentiment increased to 1.18 in 2017 Q4. Its up 0.26, from 0.92 in 2017Q3. It increased, as 7 investors sold MFS Intermediate Income Trust shares while 15 reduced holdings. 10 funds opened positions while 16 raised stakes. 35.90 million shares or 4.91% more from 34.22 million shares in 2017Q3 were reported. Moreover, Highlander Management Limited Company has 0% invested in MFS Intermediate Income Trust (NYSE:MIN). 621 are held by Fifth Third National Bank & Trust. Royal Fincl Bank Of Canada holds 0% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN) for 152,864 shares. Of Vermont reported 930 shares. Moreover, Invesco Limited has 0% invested in MFS Intermediate Income Trust (NYSE:MIN). Penbrook Mgmt Lc invested 0.53% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN). Private Advisor Group Lc holds 52,388 shares or 0.01% of its portfolio. Lpl Ltd Liability Company stated it has 809,609 shares. Dixon Hubard Feinour Brown Inc Va holds 0.14% or 125,300 shares in its portfolio. Stifel Corporation holds 0% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN) for 13,160 shares. Raymond James Financial Service Advisors Incorporated accumulated 51,076 shares or 0% of the stock. Brave Asset Incorporated invested 0.06% in MFS Intermediate Income Trust (NYSE:MIN). Moreover, Stratos Wealth Prtn Ltd has 0% invested in MFS Intermediate Income Trust (NYSE:MIN) for 2,828 shares. Woodmont Invest Counsel Llc holds 0.01% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN) for 10,000 shares. Morgan Stanley stated it has 0% of its portfolio in MFS Intermediate Income Trust (NYSE:MIN).

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. The company has market cap of $2.49 billion. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and juvenile products. It has a 5.83 P/E ratio. It also provides various textile products, amenities, and other goods to institutional clients in the hospitality, cruise line, healthcare, and other industries.

Bed Bath & Beyond Inc. (NASDAQ:BBBY) Institutional Positions Chart