Victoria's Secret New Leadership Is Steering Brand Back To Core Values, Analyst Upgrades Stock
VSCOVictoria’s Secret & (VSCO) Benzinga·2024-09-19 02:17

Victoria’s Secret & Co. VSCO shares are trading higher on Wednesday. Barclays analyst Adrienne Yih upgraded Victoria’s Secret to Equal Weight from Underweight and raised the price target to 25from25 from 23.The analyst writes that the company has moved past its most challenging period. Despite a significant loss of market share in recent years, VSCO still holds around 20% of the U.S. intimate market.The analyst says that they are more positive about the company due to the new management team’s industry experien ...