Cowen Remains Bullish on L Brands (LB) Following 2Q Earnings

Wedbush Raises Price Target on L Brands (LB) Following 2Q15 Earnings

August 21, 2015 8:26 AM EDT

Wedbush reiterated a Neutral rating on L Brands (NYSE: LB), and raised the price target to $91.00 (from $89.00), following the company's 2Q15 earnings results. LB reported 2Q15 EPS of $0.68, in line with consensus. Management raised 2015 EPS guidance to $3.58-$3.73 from $3.50-$3.70, placing consensus... More

Mizuho Securities Cuts Price Target on L Brands (LB) Reflecting a Multiple Contraction in the Retail Space Following 2Q

August 20, 2015 1:18 PM EDT

Mizuho Securities maintained a Buy rating on L Brands (NYSE: LB), and cut the price target to $100.00 (from $108.00), reflecting a multiple contraction in the retail space following 2Q. 2Q EPS of $0.68 vs. $0.63 LY was in-line with consensus $0.68. LB guides 3Q EPS of $0.40-0.45. Analyst Betty... More

Stifel Affirms L Brands (LB) at 'Hold'; Q3 Outlook Like, May be Case of 'Under Promise, Over Deliver'

August 20, 2015 12:00 PM EDT

Stifel affirms L Brands (NYSE: LB) at Hold following the company's Q2 results, which were reported after markets closed Wednesday.

Analyst Richard Jaffe noted that EPS of $0.68 was flat with estimates even considering a $0.02 per share negative foreign currency impact. The analyst continued, Management... More

UBS Cuts Price Target on L Brands (LB) to $100 Following 2Q In-Line EPS

August 20, 2015 9:09 AM EDT

UBS maintained a Buy rating on L Brands (NYSE: LB), and cut the price target to $100.00 (from $106.00), following the company's 2Q15 earnings results. LB reported EPS of $0.68 comming in at the high-end of recently raised guidance of $0.66-0.68, and in-line with Street's $0.68. Analyst Michael Binetti continues to view LB as a consistent, long-term EPS delivery story with multiple topline and margin expansion opportunities.

Binetti commented, "There have been some recent concerns... More

After-Hours Stock Movers 08/19: (ACTG) (KEYS) (NTAP) Higher; (ANFI) (SMTC) (PLKI) Lower (more...)

August 19, 2015 5:23 PM EDT

Amira Nature Foods (NYSE: ANFI) 12% LOWER; said it terminated Deloitte Haskins & Sells LLP as its independent registered public accounting firm.

Applied Genetic Technologies (NASDAQ: AGTC) 9.6% HIGHER; announced that its collaboration with Biogen (Nasdaq: BIIB), first announced on July 2, 2015 is effective, and Biogen's equity investment in AGTC has closed, following the expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the satisfaction of other customary... More

L Brands (LB) Reports In-Line Q2 EPS; Issues Light Q3 EPS Outlook

August 19, 2015 4:31 PM EDT

L Brands (NYSE: LB) reported Q2 EPS of $0.68, in-line with the analyst estimate of $0.68. Revenue for the quarter came in at $2.77 billion versus the consensus estimate of $2.8 billion.

L Brands sees FY2015 EPS of $3.58-$3.73, versus the consensus of $3.73.

L Brands sees Q3... More

Trading Radar for 8/19: Lowe's (LOW), Staples (SPLS), Target (TGT), American Eagle Outfitters (AEO), Youku (YOKU) Report

August 18, 2015 3:04 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBI Mortgage Index - no Street consensus

8:30am EDT

CPI - Street sees 0.2%

Earnings:

American Eagle Outfitters (NYSE: AEO) - consensus EPS $0.14... More