Baird downgraded L Brands (NYSE: LB) from Outperform to Neutral with a price target of $66.00 (from $84.00).

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 $63.78 yesterday.

Analyst PT Change Downgrades

Wedbush Cuts Price Target on L Brands (LB) to $65 Following Guidance Update May 20, 2016 7:58 AM Mizuho Securities Cuts Price Target on L Brands (LB) Following 2Q Guide May 19, 2016 1:58 PM UBS Cuts Price Target on L Brands (LB) to $68 Following 1Q EPS Beat May 19, 2016 9:25 AM Piper Jaffray Cuts Price Target on L Brands (LB) as Guidance Shows Softening Trends May 19, 2016 8:18 AM UPDATE: MKM Partners Downgrades L Brands (LB) to NeutralMay 19, 2016 6:55 AM L Brands (LB) Tops Q1 EPS by 4c; Cuts FY16 EPS Outlook, Guides Q2 EPS Below ViewsMay 18, 2016 4:31 PM L Brands Reports First Quarter EarningsMay 18, 2016 4:30 PM