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Needham Starts Victoria’s Secret Coverage With Buy Rating

The brokerage views the retailer’s turnaround as an early-stage, multi-year effort.

A lone garment rack stands beneath warm boutique spotlights / TokenPost.ai
A lone garment rack stands beneath warm boutique spotlights / TokenPost.ai

Needham began coverage of Victoria’s Secret & Co. on Oct. 16 with a Buy rating, as the brokerage views the retailer’s turnaround as an early-stage, multi-year effort.

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