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29,776 signal articles · 62 in last 24h · 148,360 total before filter · latest 30m ago
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Victoria's Secret stock drops on soft Q3 profit forecast
Proactive16d agobearish
Victoria's Secret stock drops on soft Q3 profit forecast

Victoria's Secret & Co. (NYSE:VSCO) shares fell more than 12% after the retailer's third-quarter profit outlook came in below Wall Street estimates, overshadowing a second-quarter earnings beat and a raised full-year guidance. The company reported second-quarter revenue of $1.61 billion,...

Wells Fargo Downgrades Nike to Equal Weight: GLP-1 Mega-Trend Threatens the Athletic Wear Giant
24/7 Wall St.134d agobearish
Wells Fargo Downgrades Nike to Equal Weight: GLP-1 Mega-Trend Threatens the Athletic Wear Giant

Wells Fargo just delivered a contrarian gut check to Nike (NYSE:NKE) stock bulls, downgrading the athletic wear giant to Equal Weight from Overweight and trimming its price target to $45 from $55. The call lands with Nike stock already under pressure, down roughly 30% year to date (YTD) and off 25% over the past year. ... Wells Fargo Downgrades Nike to Equal Weight: GLP-1 Mega-Trend Threatens the Athletic Wear Giant