Morgan Stanley Maintains Equal-Weight on Victoria's Secret, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) and lowered the price target from $19 to $17.
September 01, 2023 | 2:44 pm
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Victoria's Secret's price target has been lowered from $19 to $17 by Morgan Stanley, while maintaining an Equal-Weight rating.
The lowering of the price target by a major financial institution like Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Victoria's Secret's stock price.
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IMPORTANCE 80
RELEVANCE 100