Morgan Stanley Maintains Equal-Weight Rating for Victoria's Secret: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of Victoria's Secret VSCO and lower its price target from $19.00 to $17.00.

Shares of Victoria's Secret are trading up 0.68% over the last 24 hours, at $19.31 per share.

A move to $17.00 would account for a 11.96% decline from the current share price.

About Victoria's Secret

Victoria's Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.