** Brokerage Raymond James downgrades beauty and skincare firm Bath & Body Works BBWI.N to "market perform" from "outperform"
** Brokerage cites near-term challenges and disappointing performance of its new products
** Also cuts its estimates for sales and EPS, and expects other analysts to revise their forecasts downward
** Nine of 15 brokerages rate the stock "buy" or higher and six "hold"; their median PT is $35 - data compiled by LSEG
** As of last close, stock fell nearly 43.36% YTD
(Reporting by Anuj T in Bengaluru)
((anuj.t@thomsonreuters.com))