Evercore ISI Group Maintains In-Line on Victoria's Secret, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has maintained an In-Line rating on Victoria's Secret (NYSE:VSCO) but has lowered the price target from $27 to $18.
March 08, 2024 | 3:27 pm
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Evercore ISI Group maintains an In-Line rating on Victoria's Secret but lowers the price target from $27 to $18.
The reduction in the price target by Evercore ISI Group, from $27 to $18, suggests a bearish outlook on the stock's short-term price potential. This adjustment reflects the analyst's revised expectations on the company's future performance, which could lead to a negative sentiment among investors and potentially decrease the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100