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

35.66

Mkt cap

2.7B

Volume

1.8M

High

36.02

P/E Ratio

19.98

52-wk high

36.10

Low

34.52

Div yield

N/A

52-wk low

15.12

Wells Fargo analyst Ike Boruchow maintains an Overweight rating on Victoria's Secret (NYSE:VSCO) and raises the price target from $25 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:42 pm

Victoria's Secret (NYSE:VSCO) has received mixed ratings from 7 financial analysts over the past quarter, with a range of opinions from bullish to bearish. The average 12-month price target has increased by 11.03% to $20.14. Analysts have raised their price targets but maintain cautious ratings, reflecting concerns over the company's financial performance, including declining revenue, low net margin, and high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 2:00 pm

Barclays analyst Adrienne Yih maintains an Underweight rating on Victoria's Secret (NYSE:VSCO) but raises the price target from $17 to $19.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:59 pm

Goldman Sachs analyst Brooke Roach maintains a Sell rating on Victoria's Secret (NYSE:VSCO) but raises the price target from $15 to $17.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:12 am

B of A Securities analyst Alice Xiao maintains an Underperform rating on Victoria's Secret (NYSE:VSCO) but raises the price target from $15 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:41 am

Telsey Advisory Group has maintained its Market Perform rating and $24 price target for Victoria's Secret (NYSE:VSCO).

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 10:37 am

UBS Group AG reported strong second-quarter earnings, leading to a 5.6% rise in its stock price. Other notable gainers include Serve Robotics, Mercury Systems, AnaptysBio, Victoria's Secret, Nkarta, Marex Group, Smith Douglas Homes, Intapp, Clover Health Investments, Performance Food Group, XP Inc., Prelude Therapeutics, Flutter Entertainment, Kellanova, Qifu Technology, and LPL Financial Holdings.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 2:36 pm

The July Consumer Price Index report showed a slight decline in inflation, fueling hopes for a Federal Reserve rate cut. This led to a positive reaction in the stock market, particularly in tech and small-cap stocks. Key ETFs and stocks saw notable premarket movements.

Portfolio Pulse from Piero Cingari

August 14, 2024 | 1:36 pm

Victoria's Secret & Co. (VSCO) shares surged 22% after announcing a new CEO and strong preliminary Q2 results. Brinker International (EAT) shares fell 16% due to disappointing Q4 EPS results and weak FY25 guidance. Digital Ally (DGLY) shares skyrocketed 120% after receiving a U.S. Patent for fleet driver tracking and analysis.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:14 pm

Victoria's Secret & Co. shares are trading higher following the announcement of a new CEO and strong preliminary Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:43 am

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