Cowen maintained an Outperform rating and $100.00 price target on L Brands (NYSE: LB) following the company's 2Q15 earnings report. LB reported EPS of $0.68, in line the Street estimates, and versus mgmt's guidance of $0.66-$0.68. Management raised their outlook for 2015 EPS to be in the range of $3.58-$3.73 (up from previous guide of $3.50 to $3.70) and versus the Street at $3.73.

Analyst Oliver Chen commented, "LB reported 2Q EPS in line w/St. & our estimates, guided 3Q below St (40-45c vs. St. 47c) & raised FY15 guide ($3.58 -$3.73 vs St $3.73). We are encouraged by raised FY guide & 2Q GM beat, but acknowledge tougher comp compares in 2H (3Q/4Q14 comps +5%, +6% vs. LSD in 1H14). Look for detail on upcoming catalysts during call tomorrow am."

For an analyst ratings summary and ratings history on L Brands click here. For more ratings news on L Brands click here.

Shares of L Brands closed at $81.18 yesterday.

Analyst Comments Analyst EPS View Guidance

Wedbush Raises Price Target on L Brands (LB) Following 2Q15 Earnings August 21, 2015 8:26 AM Mizuho Securities Cuts Price Target on L Brands (LB) Reflecting a Multiple Contraction in the Retail Space Following 2QAugust 20, 2015 1:18 PM Stifel Affirms L Brands (LB) at 'Hold'; Q3 Outlook Like, May be Case of 'Under Promise, Over Deliver'August 20, 2015 12:00 PM UBS Cuts Price Target on L Brands (LB) to $100 Following 2Q In-Line EPS August 20, 2015 9:09 AM /C O R R E C T I O N -- L Brands, Inc./August 19, 2015 6:01 PM After-Hours Stock Movers 08/19: (ACTG) (KEYS) (NTAP) Higher; (ANFI) (SMTC) (PLKI) Lower (more...)August 19, 2015 5:23 PM L Brands (LB) Reports In-Line Q2 EPS; Issues Light Q3 EPS OutlookAugust 19, 2015 4:31 PM L Brands Reports Second Quarter 2015 EarningsAugust 19, 2015 4:30 PM Trading Radar for 8/19: Lowe's (LOW), Staples (SPLS), Target (TGT), American Eagle Outfitters (AEO), Youku (YOKU) ReportAugust 18, 2015 3:04 PM