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JPMorgan Chase & Co Reaffirms Underweight Rating for Victoria s Secret & Co (NYSE:VSCO)

JPMorgan Chase & Co. restated their underweight rating on shares of Victoria’s Secret & Co. (NYSE:VSCO – Free Report) in a research note published on Thursday, MarketBeat.com reports. JPMorgan Chase & Co. currently has a $15.00 price objective on the stock, down from their previous price objective of $22.00. Several other brokerages also recently commented […]

Victoria s Secret Stock Craters 35% In A Week - Upgrading From A Sell (NYSE:VSCO)

Victoria s Secret Stock Craters 35% In A Week - Upgrading From A Sell (NYSE:VSCO)
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Holiday Quarter Magic Got Gap On Track To Reinvigorate Its Brands

Last Thursday, The Gap Inc (NYSE: GPS) topped analyst estimates with its fourth fiscal quarter results thanks to financial and operational discipline, along with a demand rebound for its namesake brand. The clothing retailer has been losing customers to its rivals, such as Shein and Amazon.com Inc (NASDAQ: AMZN) and although it still isn’t back to sales growth, its margins are showing it is getting better. Although Gap did start to turn things around, it is also expecting a rough year ahead for

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