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Victoria’s Secret price target raised to $33 from $30 at Wells Fargo
The Fly

Victoria’s Secret price target raised to $33 from $30 at Wells Fargo

Wells Fargo raised the firm’s price target on Victoria’s Secret (VSCO) to $33 from $30 and keeps an Overweight rating on the shares. The firm notes Victoria’s Secret’s Fashion Show last week showcases its refocused efforts to reach consumers, and Wells continues to gain confidence in this early turnaround story – with a compelling new CEO in place as comps have begun to recover as brand sentiment is improving.

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