JPMorgan analyst Matthew Boss raised the firm’s price target on Victoria’s Secret (VSCO) to $77 from $75 and keeps an Overweight rating on the shares. JPMorgan also added the shares to its Analyst Focus List. The firm upped estimates post Victoria’s earnings report. The company is seeing accelerating momentum in Q1, the analyst tells investors in a research note.
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Read More on VSCO:
- Balancing Turnaround Momentum and Emerging Headwinds: Rationale Behind a Hold Rating and Trimmed Price Target
- Victoria’s Secret price target lowered to $67 from $80 at Barclays
- Victoria’s Secret & Co. Earnings Call Signals Renewed Momentum
- Victoria’s Secret: Sustained Recovery, Margin Momentum, and an Attractive Buy on Share-Price Weakness
- Victoria’s Secret price target lowered to $65 from $70 at Jefferies
