TD Cowen lowered the firm’s price target on Victoria’s Secret (VSCO) to $40 from $45 and keeps a Hold rating on the shares. The firm noted the company announced TJ Johnson will retire as of June 2025 and Scott Sekella has been appointed as the new CFO. The company also raised the lower end of the prior 4Q24 guidance range but fall short of expectations.
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- Victoria’s Secret price target lowered to $40 from $45 at Wells Fargo
- Victoria’s Secret price target lowered to $35 from $40 at BofA
- Victoria’s Secret price target lowered to $35 from $40 at Goldman Sachs
- Victoria’s Secret Announces CFO Transition and Strong Guidance
- Victoria’s Secret announces CFO Johnson to retire, Sekella to succeed
