As previously reported, Wells Fargo upgraded Victoria’s Secret (VSCO) to Equal Weight from Underweight with a price target of $45, up from $36. The firm argues that product and marketing investments are paying off, while PINK is rebounding. Discussing the sector, Wells notes that while it continues to see a winners/losers setup, bigger picture, the firm leans more positive on the space entering 2026 due to better-than-feared early holiday reads, benefits from tax reform, and optionality on tariff repeal/refund.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSCO:
- Victoria’s Secret upgraded to Equal Weight from Underweight at Wells Fargo
- Victoria’s Secret initiated with a Neutral at Guggenheim
- Victoria’s Secret price target raised to $50 from $45 at Telsey Advisory
- Victoria’s Secret price target raised to $48 from $35 at TD Cowen
- Victoria’s Secret price target raised to $47 from $32 at Goldman Sachs