BMO Capital Maintains Outperform on Victoria's Secret, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an Outperform rating on Victoria's Secret and raised its price target from $26 to $29, indicating confidence in the company's performance.
August 29, 2024 | 2:45 pm
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BMO Capital has maintained an Outperform rating on Victoria's Secret and increased the price target from $26 to $29, suggesting a positive outlook for the stock.
The increase in price target from $26 to $29 by BMO Capital reflects a positive sentiment towards Victoria's Secret's future performance. The Outperform rating suggests that the analyst expects the stock to perform better than the market average, which could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100