Piper Jaffray Cuts Price Target on L Brands (LB) as Guidance Shows Softening Trends

Wedbush Cuts Price Target on L Brands (LB) to $65 Following Guidance Update

Wedbush maintained a Neutral rating on L Brands (NYSE: LB), and cut the price target to $65.00 (from $72.00), following the company's 1Q and guidance update. 2Q16 guidance was pegged at $0.50-$0.60, below consensus of $0.63. FY16 guidance was reduced to $3.60-$3.80 from $3.90-$4.10.

Analyst... More

Mizuho Securities Cuts Price Target on L Brands (LB) Following 2Q Guide

Mizuho Securities maintained a Buy rating on L Brands (NYSE: LB), and cut the price target to $75.00 (from $110.00), following the company's 1Q earnings report. LB reported EPS of $0.59, above consensus $0.55 estimate, on already reported comps of +3%. However, with weak May trends thus far, management lowered... More

UBS Cuts Price Target on L Brands (LB) to $68 Following 1Q EPS Beat

UBS maintained a Neutral rating on L Brands (NYSE: LB), and cut the price target to $68.00 (from $74.00), following the company's 1Q earnings report. LB reported EPS of $0.59, coming in ahead of the Street's $0.55 estimate. However, management lowered '16 guidance to $3.60-3.80 from $3.90-4.10.

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UPDATE: MKM Partners Downgrades L Brands (LB) to Neutral

(Updated - May 19, 2016 1:20 PM EDT)

MKM Partners downgraded L Brands (NYSE: LB) from Buy to Neutral with a price target of $60.00 (from $83.00). The change followed disappointing guidance. Analyst Roxanne Meyer said L Brands bullish thesis was "busted."

"While we continue to view LB as an emerging global powerhouse with abundant topline and margin growth... More

Baird Downgrades L Brands (LB) to Neutral

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.

After-Hours Stock Movers 05/18: (RPRX) (AEO) (URBN) Higher; (FLO) (LB) (TSLA) Lower (more...)

Today's After-Hours Movers:

Repros Therapeutics Inc. (Nasdaq: RPRX) 25.6% HIGHER; reported that oral administration of Proellex® at doses of both 6 and 12 mg achieved significant reduction in excessive menstrual bleeding, the key symptom of uterine fibroids.

American Eagle Outfitters (NYSE: AEO) 13.1% HIGHER; reported Q1 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $749 million versus the consensus estimate of $731.38 million. Consolidated comparable sales increased 6%, following a 7% increase last year. GUIDANCE: American Eagle Outfitters sees... More

L Brands (LB) Tops Q1 EPS by 4c; Cuts FY16 EPS Outlook, Guides Q2 EPS Below Views

L Brands (NYSE: LB) reported Q1 EPS of $0.59, $0.04 better than the analyst estimate of $0.55. Revenue for the quarter came in at $2.61 billion versus the consensus estimate of $2.62 billion.

GUIDANCE:

L Brands sees Q2 2016 EPS of $0.50 - $0.60, versus the consensus of... More

Notable 52-Week Highs and Lows 5/18: (LOW) (CHTR) (CHD) High; (LB) (RRGB) (SGY) Low

52-Week High:Lowe's Cos. (NYSE: LOW) $79.49. Lowe's Cos. reported Q1 EPS of $0.98, or $0.87 ex-currency gain, versus the analyst estimate of $0.85. Revenue for the quarter came in at $15.2 billion versus the consensus estimate of $14.87 billion. Lowe's Cos. sees FY16 EPS of $4.11,... More

L Brands (LB) May call volatility elevated at 61 into Q1 and outlook

L Brands (NYSE: LB) May call option implied volatility is at 61, June is at 32; compared to its 52-week range of 18 to 40 into the expected release of Q1 results today.

L Brands (LB) May call volatility elevated into Q1 and outlook

L Brands (NYSE: LB) May call option implied volatility is at 54, June is at 34; compared to its 52-week range of 17 to 39, into the expected release of Q1 results on May 18.