Morgan Stanley Maintains Equal-Weight on Victoria's Secret, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Victoria's Secret (NYSE:VSCO) while raising the price target from $20 to $23.
August 30, 2024 | 11:42 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Victoria's Secret and increased the price target from $20 to $23, indicating a positive outlook.
The increase in price target from $20 to $23 by Morgan Stanley suggests a positive outlook for Victoria's Secret, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100