L Brands (LB) volatility increases into Q2 and outlook
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August 19, 2016 7:25 AM EDT
FBR Capital reiterated a Market Perform rating on L Brands (NYSE: LB), and raised the price target to $75.00 (from $68.00), following the company's 2Q earnings report. Adjusted EPS of $0.70 came in well above the consensus estimates of $0.57 and guidance at the high end of $0.50$0.60.
Analyst Susan Anderson... More
August 19, 2016 7:03 AM EDT
(Updated - August 19, 2016 9:21 AM EDT)
Oppenheimer upgraded L Brands (NYSE: LB) from Perform to Outperform with a price target of $90.00 (from $75.00). Analyst Anna Andreeva sees opportunity in the company's current transition, and she thinks its multiple will revert closer to historical... More
August 18, 2016 1:55 PM EDT
Stifel reiterated a Buy rating on L Brands (NYSE: LB), and raised the price target to $90.00 (from $82.00), following the company's 2Q earnings report.
Analyst Richard E. Jaffe commented, "L Brands reported adjusted 2Q EPS of $0.70, a 3% increase vs. $0.68 LY. Results were well above... More
August 17, 2016 4:17 PM EDT
L Brands (NYSE: LB) reported Q2 EPS of $0.70, versus the analyst estimate of $0.59. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.86 billion.
The company reported a comparable sales increase of 3 percent for the second quarter ended July 30,... More
