The firm upgraded shares to overweight from equal weight.
Victoria's Secret is once again a hot stock, according to Barclays. In a note titled "Bringing Sexy Back," analyst Adrienne Yih upgraded shares of the women-focused retailer to overweight from equal weight. Yih also lifted her price target by $2 to $53, now suggesting 41.9% upside over Monday's closing level.
mountain Victoria's Secret, year to date To be sure, analyst sentiment on the stock is muted. data shows that nine of 12 analysts covering Victoria's Secret rate it a hold or underperform. Only three have a buy or strong buy rating.
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