Kodiak Sciences, AMC Entertainment, Agenus And Other Big Stocks Moving Higher On Monday
U.S. stocks fell Monday, while Kodiak Sciences surged 174% after positive Phase 3 eye disease trial results; several small caps also rallied.
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Wells Fargo Maintains Overweight on Victoria's Secret, Raises Price Target to $100
Wells Fargo analyst Ike Boruchow maintains Victoria's Secret (NYSE:VSXY) with a Overweight and raises the price target from $90 to $100.
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VSXY Dips 10% in the Past Month: Is the Pullback an Opportunity?
Victoria's Secret (VSXY) shares have declined 10% despite strong Q2 results showing 9% comparable sales growth, expanded margins, and positive customer trends. However, the stock trades above its historical valuation while facing headwinds from tariffs, transportation costs, and increased marketing spending. Analysts recommend a cautious approach, suggesting the pullback improves entry price but doesn't eliminate execution risks.
BMO Capital Initiates Coverage On Victoria's Secret with Market Perform Rating, Announces Price Target of $80