Streetbeat News

VSCO

Victoria's Secret & Co.

https://www.victoriassecretandco.com

Industry

Apparel - Retail

Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands. As of March 2, 2022, it operated approximately 1,400 retail stores. The company was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.

Open

18.08

Mkt cap

1.5B

Volume

7.9M

High

18.97

P/E Ratio

9.06

52-wk high

48.73

Low

18.00

Div yield

N/A

52-wk low

15.12

Telsey Advisory Group analyst Dana Telsey has reiterated a Market Perform rating on Victoria's Secret & Co. (VSCO) with a price target of $21. The analyst is optimistic about VSCO's 'store-of-the-future' concept, which is smaller and more technologically equipped than its previous stores. By the end of FY23, around 10% of VSCO's stores will be in this new format. The company is also expanding this concept to its top 100 locations. Telsey also praised VSCO's partnership with Amazon (AMZN), noting that there are ways to strengthen the partnership further. However, the analyst noted that the current macro backdrop and category weakness make visibility to nearer-term profitability potential more challenging.

Portfolio Pulse from Nabaparna Bhattacharya

June 29, 2023 | 4:51 pm

Telsey Advisory Group has reiterated its 'Market Perform' rating on Victoria's Secret (NYSE:VSCO) and maintained its price target of $21.

Portfolio Pulse from richadhand@benzinga.com

June 29, 2023 | 9:15 am

Victoria's Secret (NYSE:VSCO) has received mixed analyst ratings in the last quarter, with an average 12-month price target of $28.57, down 32.7% from the previous average of $42.45.

Portfolio Pulse from Benzinga Insights

June 22, 2023 | 7:01 pm

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on Victoria's Secret (NYSE:VSCO) and maintained a $21 price target.

Portfolio Pulse from richadhand@benzinga.com

June 22, 2023 | 9:14 am

Benzinga's options activity scanner has detected whale activity in the Consumer Discretionary sector, with notable options activity in TSLA, RIVN, CVNA, ARMK, KMX, LULU, PHM, LVS, EXPE, and VSCO.

Portfolio Pulse from Benzinga Insights

June 09, 2023 | 5:35 pm

Victoria's Secret & Co (VSCO) and Amazon (AMZN) have expanded their collaboration, with over 4,000 items from Victoria's Secret and PINK now available on Amazon Fashion. This marks the first time Victoria's Secret lingerie and apparel styles are available through a retail partner in North America.

Portfolio Pulse from Shivani Kumaresan

June 06, 2023 | 2:48 pm

Victoria's Secret and Amazon Fashion have expanded their collaboration, launching a cross-category shopping experience with over 4,000 items available on the Victoria's Secret Amazon Fashion storefront, including fast, free Prime delivery.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 11:31 am

12 consumer discretionary stocks experienced significant price movements during Monday's intraday session, with 6 gainers and 6 losers. Notable gainers include Forza X1 (FRZA) and Twin Vee PowerCats (VEEE), while notable losers include Zumiez (ZUMZ) and Stitch Fix (SFIX).

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 5:32 pm

Barclays has maintained its Equal-Weight rating for Victoria's Secret (NYSE:VSCO) and lowered its price target from $35.00 to $21.00. Shares of Victoria's Secret are trading up 4.99% over the last 24 hours, at $19.57 per share.

Portfolio Pulse from Benzinga Insights

June 02, 2023 | 5:00 pm

TD Cowen analyst Jonna Kim maintains a Market Perform rating on Victoria's Secret (NYSE:VSCO) and lowers the price target from $45 to $21.

Portfolio Pulse from Benzinga Newsdesk

June 02, 2023 | 1:21 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.