Wells Fargo Maintains Overweight on Victoria's Secret, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Overweight rating on Victoria's Secret and increased its price target from $28 to $30, indicating a positive outlook for the company's stock.
August 29, 2024 | 12:14 pm
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Wells Fargo has maintained an Overweight rating on Victoria's Secret and increased its price target from $28 to $30, suggesting a positive outlook for the stock.
The increase in price target from $28 to $30 by Wells Fargo, along with maintaining an Overweight rating, indicates a positive sentiment towards Victoria's Secret's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100