Morgan Stanley calls Victoria's Secret a 'credible turnaround story,' thinks stock can jump 65%

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Morgan Stanley calls Victoria's Secret a 'credible turnaround story,' thinks stock can jump 65%
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New for subscribers: Morgan Stanley calls Victoria's Secret a 'credible turnaround story,' thinks stock can jump 65%. Check out CNBCPro today.

Victoria's Secret store at the main waiting area in Terminal 1 of Humberto Delgado Airport on April 19, 2017 in Lisbon, Portugal.Victoria's Secret is set to begin trading as a standalone company Tuesday, and Morgan Stanley thinks the retailer could make a big comeback after years of declining sales.

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