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Victoria’s Secret price target raised to $27 from $23 at Barclays

Barclays raised the firm’s price target on Victoria’s Secret (VSCO) to $27 from $23 and keeps an Overweight rating on the shares. The company reported a fiscal Q2 beat which did not flow through to the reiterated fiscal 2025 earnings outlook, the analyst tells investors in a research note. However, the firm believes Victoria’s brand initiatives are beginning to show progress.

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