BUZZ-Fashion show, new CEO to drive improved results at Victoria's Secret, analysts say

Reuters
2024/10/17

** Brokerage BMO raises PT on Victoria's Secret to $33 from $29, says ongoing earnings growth should lift numbers as future potential would boost valuation

** VSCO's new CEO Hillary Super met with analysts on the heels of its popular annual runway show that returned after a six-year hiatus on Oct. 15

** TD Cowen notes the fashion show will likely create higher brand buzz in the near term, maintains $26 in PT

** "In our view, the show appears to be more successful in terms of being culturally relevant than the prior year event" - TD Cowen

** Jefferies believes CEO's turnaround efforts could help drive sales and margins higher over time, even as North American lingerie market remains pressured

** Barclays says management working to make brand more consumer-focused and less driven by promotions that could ultimately return it to profitable growth

** Stock up 6% YTD, as of last close

(Reporting by Savyata Mishra in Bengaluru)

((Savyata.Mishra@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10