L Brands (LB) Guides Q3 EPS to Low-End of Outlook; Comps Expected up 1%

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Mizuho Securities Downgrades L Brands (LB) to Neutral

November 1, 2016 7:22 AM EDT

Mizuho Securities downgraded L Brands (NYSE: LB) from Buy to Neutral with a price target of $70.00 following Q3 miss and multiple contraction.

Analyst Betty Chen commented, "We are downgrading LB to Neutral and lowering our PT to $70 after a 3Q EPS miss that... More

Stifel Cuts Price Target on L Brands (LB) to $85 Following 3Q Pre-Release

November 1, 2016 7:14 AM EDT

Stifel maintained a Buy rating on L Brands (NYSE: LB), and cut the price target to $85.00 (from $90.00), following the company's 3Q pre-release. Management expects 3Q EPS to be $0.40, at the low end of its previous guidance range of $0.40-$0.45 and below the consensus of $0.46.... More