Victoria’s Secret price target raised to $29 from $21 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Victoria’s Secret to $29 from $21 and keeps a Market Perform rating on the shares. While Q3 results came in light of expectations, they were within the company’s guidance ranges, notes the analyst, who cites more encouraging signs of stabilization across the business recently, particularly in North America, for raising the firm’s price target.