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Bed Bath & Beyond gets two downgrades as analysts say take profits during speculative pop

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Shoppers exit a Bed Bath & Beyond store in New York.
Michael Nagle | Bloomberg | Getty Images

Bed Bath & Beyond received a pair of downgrades from Wall Street analysts on Tuesday, advising clients to book profits after a major rally in the stock sparked by retail investors buying beat-up retail names that hedge funds are betting against.

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