BMO Capital Maintains Outperform on Victoria's Secret, Lowers Price Target to $25
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Simeon Siegel maintains an Outperform rating on Victoria's Secret (NYSE:VSCO) but lowers the price target from $53 to $25.
June 01, 2023 | 12:01 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Victoria's Secret (NYSE:VSCO) but lowers the price target from $53 to $25.
The news of BMO Capital maintaining an Outperform rating on Victoria's Secret indicates a positive outlook for the company. However, the lowering of the price target from $53 to $25 suggests a more cautious view on the stock's potential upside. This mixed signal results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100