Analyst Upgrades Victoria's Secret Stock After 35% Plummet in One Week
Monday, 11 March 2024, 15:02
Victoria's Secret Stock Plummets 35%
Victoria's Secret shares have plummeted nearly 60% since November 2022, with a recent drop of 35% in just one week. This sharp decline has prompted an analyst to upgrade the stock from a sell to a hold rating.
Analyst's Recommendation
The analyst explains the rationale behind the upgrade, highlighting the changing market conditions and potential future outlook for Victoria's Secret.
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