Barclays Upgrades Victoria's Secret to Equal-Weight, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has upgraded Victoria's Secret (NYSE:VSCO) from Underweight to Equal-Weight and increased the price target from $23 to $25.
September 18, 2024 | 12:48 pm
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Barclays has upgraded Victoria's Secret from Underweight to Equal-Weight, with a new price target of $25, indicating a more positive outlook.
The upgrade from Underweight to Equal-Weight by Barclays suggests improved confidence in Victoria's Secret's performance. The raised price target from $23 to $25 indicates expectations of a potential price increase, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100