Victoria's Secret & Co. (VSCO) Maintains Positive Outlook from Barclays

Core Viewpoint - Victoria's Secret & Co. is experiencing positive momentum in the market, supported by significant institutional investment and an optimistic outlook from Barclays, which has raised its price target for the stock. Group 1: Company Performance - Barclays maintains an "Overweight" rating for Victoria's Secret, raising its price target from $27 to $47, indicating confidence in the company's future performance [2][5] - The current stock price of Victoria's Secret is $42.64, reflecting a 3.17% increase or $1.31, with a market capitalization of approximately $3.41 billion [4][5] Group 2: Institutional Investment - Barington Capital Group L.P. has increased its stake in Victoria's Secret by 255.1%, now owning 838,886 shares, which represents 14.5% of Barington's portfolio [2][3][5] - Barington's stake is valued at $15.5 million, accounting for about 1.05% of Victoria's Secret's total shares [3] - Other institutional investors, such as Quadrature Capital Ltd and Scotia Capital Inc., have also acquired new stakes in the company, valued at $710,000 and $371,000, respectively [3]