L Brands (LB): June Retail Ended Strong Overall - Jefferies
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Stifel Reiterates Buy as L Brands (LB) Comes under Pressure
July 7, 2016 1:23 PM EDTStifel reiterated a Buy rating and $75.00 price target on L Brands (NYSE: LB) as the stock comes under pressure due to investor concerns. The concerns center around increased markdowns. However, Stifel believes that prudent expense management and better than planned expense leverage due to... More
MKM Partners Remains Neutral on L Brands (LB) Following June Sales Release
July 7, 2016 10:50 AM EDTMKM Partners reiterated a Neutral rating and $60.00 price target on L Brands (NYSE: LB) following the company's June sales release. LB reported a comp beat at 6%, ahead of the street's expectations of 1.9%. However, despite the comp beat, inventory remains slightly elevated, which could mean that July will be slightly more promotional.
Analyst Roxanne Meyer... More
