Barclays raised the firm’s price target on Victoria’s Secret to $19 from $17 and keeps an Underweight rating on the shares. The company announced the appointment of Hillary Super as CEO and concurrently announced preliminary Q2 results ahead of expectations, the analyst tells investors in a research note.
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Read More on VSCO:
- Victoria’s Secret Announces CEO Change and New Leadership Strategy
- Victoria’s Secret & Co. Appoints Hillary Super Chief Executive Officer
- Victoria’s Secret & Co. Invites You to Listen to the Second Quarter 2024 Earnings Call Webcast
- Victoria’s Secret price target lowered to $17 from $19 at Barclays
- Victoria’s Secret put volume heavy and directionally bearish