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))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

no data

沒有相關數據

如果下載按鈕點擊無跳轉,請點擊右上角菜單選擇 “在瀏覽器打開”