Barclays Maintains Underweight on Victoria's Secret, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Underweight rating on Victoria's Secret (NYSE:VSCO) but raises the price target from $19 to $23.
August 30, 2024 | 3:24 pm
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Barclays maintains an Underweight rating on Victoria's Secret but raises the price target from $19 to $23, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance, but the raised price target indicates some positive expectations for the stock. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100