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Victoria’s Secret price target raised to $48 from $35 at TD Cowen

TD Cowen raised the firm’s price target on Victoria’s Secret (VSCO) to $48 from $35 and keeps a Hold rating on the shares. The firm noted they delivered a 0.32 EPS beat driven by strength across all line items and the underlying business momentum appears encouraging as both VS and PINK gain market and mind share.

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