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CFRA upgrades Bed Bath & Beyond to buy, says one-time meme stock can rally nearly 40%

Shoppers walk past a Bed Bath & Beyond store in Washington, D.C.
Andrew Harrer | Bloomberg | Getty Images

Meme-stock enthusiasts have recently rallied around Bed Bath & Beyond, but CFRA Research believes the retailer's turnaround plan makes it a name even more traditional investors should buy.

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