Wells Fargo Maintains Overweight on Victoria's Secret, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has maintained an Overweight rating on Victoria's Secret and raised its price target from $30 to $33, indicating a positive outlook for the company's stock.
October 21, 2024 | 3:11 pm
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Wells Fargo has maintained an Overweight rating on Victoria's Secret and increased the price target from $30 to $33, suggesting a positive short-term outlook for the stock.
The increase in price target from $30 to $33 by Wells Fargo, along with the maintained Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100