Stifel Affirms L Brands (LB) at 'Hold' Following Q1 Results, Outlook; Visibility Remains Limited, Shares Still Overvalued
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Go back to Stifel Affirms L Brands (LB) at 'Hold' Following Q1 Results, Outlook; Visibility Remains Limited, Shares Still Overvalued
May 22, 2015 9:16 AM EDT
Wedbush maintains a Neutral standing on L Brands (NYSE: LB), and raised the price target to $94.00 (from $92.00), following Q1. Analyst Morry Brown said that LB's results were largely in-line with expectations.
Brown commented on LB, saying, "LB posts another quarter of consistent... More
May 21, 2015 7:01 AM EDT
Piper Jaffray analyst Neely J.N. Tamminga lowered her price target on Neutral-rated L Brands (NYSE: LB) to $97.00 (from $102.00) after updating their model.
Tamminga commented, "We are updating our model to reflect the company's FQ1 earnings results in which comps came in at 5%,... More
May 20, 2015 4:08 PM EDT
L Brands (NYSE: LB) reported Q1 EPS of $0.61, $0.01 better than the analyst estimate of $0.60. Revenue for the quarter came in at $2.51 billion versus the consensus estimate of $2.54 billion.
Comparable store sales for the first quarter ended May 2, 2015, increased 5 percent.
L Brands sees... More
