BMO Capital Maintains Outperform on Victoria's Secret, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel has maintained an Outperform rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $23 to $29, indicating a positive outlook on the company's stock performance.
November 30, 2023 | 4:52 pm
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BMO Capital analyst Simeon Siegel reaffirms an Outperform rating on Victoria's Secret and raises the price target to $29, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a positive forecast for the company's stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100