Mizuho Securities Reiterates Buy on L Brands (LB) Following Solid August Comps
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Stifel Remains Positive on L Brands (LB) Following August Sales; Says Thesis Remains Intact
September 1, 2016 8:57 AM EDTStifel affirms L Brands, Inc. (NYSE: LB) at Buy with a price target of $90 following August 2016 sales results, which were released ahead of the opening bell on Thursday.
Analyst Richard Jaffe noted the following today:
Better Than Expected August... MoreL Brands (LB) August Comps Rise 2%, Versus Expected 0.4% Rise
September 1, 2016 7:16 AM EDTL Brands, Inc. (NYSE: LB) comparable sales increased 2 percent for the four weeks ended Aug. 27, 2016, versus an expected rise of 0.4%.
... MoreFBR Capital Remains Sidelined on L Brands (LB) Ahead of SSS Release
August 30, 2016 1:06 PM EDTFBR Capital reiterated a Market Perform rating and $75.00 price target on L Brands (NYSE: LB) ahead of the company's August SSS release. FBR is expecting LB to report SSS of +0.1%, below the Street's +0.4% estimates and flat guidance.
Analyst Susan Anderson commented, "We maintain our +0.1% SSS estimate for August (versus... More