Victoria's Secret & Co. (VSCO) Announces Accelerated $250M Share Buyback

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Wells Fargo Reiterates Overweight Rating on Victoria's Secret (VSCO) on 'Good Enough' Results and Accelerated Buyback

December 29, 2021 9:47 AM EST

Wells Fargo analyst Ike Boruchow reiterated an Overweight rating and $85.00 price target on Victoria's Secret (NYSE: VSCO) after the company announced "good enough" Q4 results and a $250 million accelerated buyback.

The analyst commented, "With investor sentiment on VSCO remaining very low coming... More

Victoria's Secret & Co. (VSCO) Stock Jumps 5% on $250M Accelerated Buyback

December 29, 2021 7:39 AM EST

Victoria's Secret & Co. (NYSE: VSCO) shares gained 5% in pre-open trade after the company announced a $250 million accelerated share repurchase plan with Goldman Sachs. The company also reaffirmed the fourth-quarter guidance.

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