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Victoria’s Secret & Co. (NYSE: VSCO) revealed a cybersecurity problem that caused its e-commerce website and corporate infrastructure to be temporarily taken down from May 26 to May 29.

Telsey Advisory maintained a Market Perform rating on Victoria's Secret with a $24 price forecast. The analyst is concerned about the impact of a cybersecurity incident, which led to a website ...

Given digital sales were ~33% last year, the analyst believes that the prolonged website shutdown during Memorial Day sales could have a meaningful impact.

Victoria’s Secret says security incident that shut down website may hurt results FILE – Shoppers pass a Victoria’s Secret store at a shopping mall in Scranton, Pa., May 3, 2021.

Victoria’s Secret says security incident that shut down website may hurt results Subscribers are entitled to 10 gift sharing articles each month.