Wells Fargo Maintains Equal-Weight on Victoria's Secret, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) and increased the price target from $21 to $25.
December 22, 2023 | 1:36 pm
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Wells Fargo analyst Ike Boruchow has reaffirmed an Equal-Weight rating on Victoria's Secret and raised the price target to $25, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Ike Boruchow suggests a positive outlook on Victoria's Secret's financial performance and potential growth, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100