Wells Fargo Maintains Overweight on Victoria's Secret, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Victoria's Secret (NYSE:VSCO) but lowers the price target from $32 to $25.
March 07, 2024 | 12:20 pm
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Wells Fargo maintains an Overweight rating on Victoria's Secret but lowers the price target from $32 to $25.
The reduction in price target by Wells Fargo, despite maintaining an Overweight rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Victoria's Secret.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100