A Closer Look at 12 Analyst Recommendations For Victoria's Secret
Portfolio Pulse from Benzinga Insights
Victoria's Secret (NYSE:VSCO) has received mixed analyst ratings over the past three months, with a shift towards more neutral and somewhat bearish perspectives. The average 12-month price target for VSCO has been lowered to $21.33 from $27.00, indicating a 21.0% decrease. Analysts from firms including TD Cowen, Morgan Stanley, and Barclays have adjusted their ratings and price targets, reflecting concerns over the company's market position, revenue growth, profitability, and financial risk due to a high debt-to-equity ratio.
March 08, 2024 | 6:00 pm
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Victoria's Secret has seen a decrease in its average 12-month price target from $27.00 to $21.33, reflecting a more cautious outlook from analysts due to concerns over its market position, revenue growth, profitability, and financial risk.
The decrease in the average price target and the adjustments in ratings by analysts from various firms indicate a growing concern over Victoria's Secret's financial health and market position. The concerns over revenue growth, profitability, and a high debt-to-equity ratio contribute to a bearish outlook in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100