Mizuho Securities Reiterates Buy on L Brands (LB) Following September Comp Report
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Cowen Reiterates Buy on L Brands (LB) Following September Comp Report
October 6, 2016 9:30 AM EDTCowen reiterated an Outperform rating and $83.00 price target on L Brands (NYSE: LB) following the company's September Comp report. September comps at LB came in above the Street, at +3% vs. Street at 0.0%. Store comps were +1%. Inventories are up +2%/ft vs. LY.
Analyst Oliver Chen commented,... More
Cowen Affirms L Brands (LB) at 'Outperform' Following Solid Sept. Comps
October 6, 2016 9:16 AM EDTCowen and Company affirms L Brands (NYSE: LB) at Outperform with a price target of $83 following solid September 2016 comparable-store sales... More
L Brands (LB) Comps Rose 3% in Sept. 2016; Sales up 6%
October 6, 2016 7:16 AM EDTL Brands, Inc. (NYSE: LB) reported net sales of $971.4 million for the five weeks ended Oct. 1, 2016, an increase of 6 percent, compared to net sales of $919.9 million for the five weeks ended Oct. 3, 2015. Comparable sales increased 3 percent for the five weeks ended Oct. 1, 2016.
The... More
