Telsey Advisory Sticks to Its Buy Rating for Victoria’s Secret (VSCO)
In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Victoria’s Secret, with a price target of $71.00.
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According to TipRanks, Telsey is a 3-star analyst with an average return of 2.7% and a 42.89% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Steven Madden, Urban Outfitters, and Birkenstock Holding plc.
In addition to Telsey Advisory, Victoria’s Secret also received a Buy from Barclays’s Adrienne Yih in a report issued today. However, yesterday, TipRanks – Google reiterated a Hold rating on Victoria’s Secret (NYSE: VSCO).
Based on Victoria’s Secret’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $1.47 billion and a GAAP net loss of $37 million. In comparison, last year the company earned a revenue of $1.35 billion and had a GAAP net loss of $56 million
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- Victoria’s Secret price target raised to $71 from $66 at Telsey Advisory
- Victoria’s Secret price target raised to $80 from $65 at Barclays
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- Victoria’s Secret price target raised to $53 from $47 at Goldman Sachs
- Victoria’s Secret price target raised to $73 from $60 at UBS
