Morgan Stanley Maintains Equal-Weight on Victoria's Secret, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger maintains an Equal-Weight rating on Victoria's Secret (VSCO) and lowers the price target from $25 to $19.
March 08, 2024 | 4:59 pm
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Morgan Stanley maintains an Equal-Weight rating on Victoria's Secret and lowers the price target from $25 to $19.
The reduction in price target by a significant financial institution like Morgan Stanley can lead to negative investor sentiment towards VSCO in the short term, potentially causing a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100