Markets

‘So bad, it’s good’: A Wall Street analyst says recent struggles make it the perfect time to buy stock in Victoria Secret’s parent company

On Friday, Deutsche Bank analyst Tiffany Kanaga upgraded Victoria’s Secret parent company L Brands stock to “buy” and raised her price target to $US24 because it’s “so bad, it’s good.” The upgrade comes after Victoria’s Secret reported dismal holiday sales. The weak performance increases the chance the company will be […]
‘So bad, it’s good’: A Wall Street analyst says recent struggles make it the perfect time to buy stock in Victoria Secret’s parent company