FBR Capital Raises Price Target on L Brands (LB) to $75 Following 2Q EPS Beat

UPDATE: Oppenheimer Upgrades L Brands (LB) to Outperform

(Updated - August 19, 2016 9:21 AM EDT)

Oppenheimer upgraded L Brands (NYSE: LB) from Perform to Outperform with a price target of $90.00 (from $75.00). Analyst Anna Andreeva sees opportunity in the company's current transition, and she thinks its multiple will revert closer to historical... More

Stifel Raises Price Target on L Brands (LB) Following 2Q Report

Stifel reiterated a Buy rating on L Brands (NYSE: LB), and raised the price target to $90.00 (from $82.00), following the company's 2Q earnings report.

Analyst Richard E. Jaffe commented, "L Brands reported adjusted 2Q EPS of $0.70, a 3% increase vs. $0.68 LY. Results were well above... More

L Brands (LB) volatility up into better than expected Q2 and outlook

L Brands (NYSE: LB) is recently up 3% in the premarket after reporting Q2 EPS of $0.70, versus the analyst estimate of $0.59. Revenue for the quarter came in at $2.89B versus the consensus estimate of $2.86B. L Brands sees FY2016 EPS of $3.70-$3.85, versus prior guidance of... More

After-Hours Stock Movers 8/17: (CIE) (NTAP) (LB) (YY) (SNPS) Higher; (CERU) (BGG) (ARAY) (KEYS) (A) (CSCO) Lower

Cobalt International Energy (NYSE: CIE) +7.6%; CFO David Powell and CEO Timothy Cutt acquired 100,000 shares each, according to SEC filings.

NetApp (NASDAQ: NTAP) +6%; reported Q1 EPS of $0.46, $0.10 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.26 billion. NetApp sees Q2 2017 EPS of $0.51-$0.56, versus the consensus of $0.55. NetApp sees Q2 2017 revenue of $1.265-1.415 billion, versus the consensus of $1.33 billion.

L Brands (NYSE: LB) +3%; reported Q2 EPS of $0.70, versus the analyst estimate of... More

L Brands (LB) Tops Q2 EPS Views; Boosts FY16 Outlook

L Brands (NYSE: LB) reported Q2 EPS of $0.70, versus the analyst estimate of $0.59. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.86 billion.

The company reported a comparable sales increase of 3 percent for the second quarter ended July 30,... More

L Brands (LB) volatility increases into Q2 and outlook

L Brands (NYSE: LB) August call option implied volatility is at 60, September 29; compared to its 52-week range of 21 to 40 into the expected release of Q2 results on August 17.