Morgan Stanley Maintains Equal-Weight on Victoria's Secret, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $16 to $25.
December 01, 2023 | 2:34 pm
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Morgan Stanley has raised the price target for Victoria's Secret from $16 to $25 while keeping an Equal-Weight rating on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Victoria's Secret's financial performance and potential growth, which could lead to increased investor confidence and a short-term rise in the stock price.
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