Telsey Advisory Boosts Victoria's Secret Price Target Amid Strong Earnings Momentum

Telsey Advisory raised the price target for Victoria's Secret & Co. to $29, citing strong earnings momentum and a solid Q2 performance, highlighting the stock's undervaluation.

On October 1, Telsey Advisory increased Victoria's Secret & Co.'s price target from $24 to $29 while maintaining a Market Perform rating on the shares.
Victoria's Secret & Co. reported a significant earnings beat in Q2, contributing to strong momentum in H1 2025 as the company navigates its recovery.
The firm mentioned that early signs of recovery for Victoria's Secret & Co. reflect growing investor confidence in the brand's future performance.

Why It Matters

This price target adjustment by Telsey Advisory underscores the potential for Victoria's Secret & Co. to rebound in the competitive retail market. As consumer preferences shift, the company's ability to capitalize on its brand identity may influence broader trends in the lingerie and fashion industries.