L Brands (LB) Declares $0.50 Quarterly Dividend; 2.3% Yield

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Go back to L Brands (LB) Declares $0.50 Quarterly Dividend; 2.3% Yield

Wedbush Remains Sidelined Following L Brands (LB) 1Q

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