TD Cowen lowered the firm’s price target on Victoria’s Secret to $20 from $26 and keeps a Market Perform rating on the shares. The firm said the biggest challenge to the model is top line, as the overall intimates market remains weak.
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Read More on VSCO:
- Victoria’s Secret price target lowered to $26 from $29 at BMO Capital
- Victoria’s Secret price target lowered to $25 from $32 at Wells Fargo
- Victoria’s Secret downgraded to Underweight from Neutral at JPMorgan
- VSCO Earnings: Victoria’s Secret Stock Fell Over 26% on Weak Guidance
- Victoria’s Secret Announces Financial Results and Share Buyback Program
