Victoria’s Secret price target lowered to $20 from $35 at BofA

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Sat, Mar 8, 2025, 8:16 AM 1 min read

BofA lowered the firm’s price target on Victoria’s Secret (VSCO) to $20 from $35 and keeps an Underperform rating on the shares as the firm argues that a Q4 EPS beat is overshadowed by slowing trends in January and February. The firm, which notes that management called out shifting consumer confidence, a volatile economy and weather events as headwinds continuing into Spring 2025, lowered its FY25 and FY26 EPS estimates to $2.21 and $2.20, respectively, to reflect a more cautious sales outlook.

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