** Lingerie maker Victoria's Secret's <VSCO.N> shares up ~1.5% at $29.62
** Jefferies raises PT on stock to Street high ahead of 2025 Victoria Secret Fashion Show
** Raises PT to $35 from $30, citing the show is expected to drive momentum through the holiday season and support improving results
** "With core categories stabilizing and franchises like beauty gaining traction, we see multiple levers for share growth despite near-term tariff headwinds," says brokerage
** Adds "VSCO's 2024 show drove record engagement and incremental traffic, reinforcing brand momentum into 2025"
** VSCO raised its full-year sales forecast in August, attributing it to the strong demand of its Victoria's Secret and PINK brands products
** Two of 10 brokerages rate the stock "buy" or higher, five "hold" and three "sell"; with a median PT of $25
** Up to last close, the stock is down ~30% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
((Sanskriti.Shekhar@thomsonreuters.com))