UBS analyst Jay Sole lowered the firm’s price target on Victoria’s Secret to $15 from $16 and keeps a Sell rating on the shares after its Q2 earnings miss. The company is being constrained by near-term challenges and a “weak” long-term outlook, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VSCO: