B of A Securities Maintains Buy on Victoria's Secret, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on Victoria's Secret (NYSE:VSCO) but lowers the price target from $30 to $25.

August 31, 2023 | 3:52 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Victoria's Secret's price target has been lowered from $30 to $25 by B of A Securities, though the Buy rating is maintained.
The lowering of the price target by B of A Securities could potentially lead to a short-term negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Buy rating indicates that the analyst still sees potential upside in the stock, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100