L Brands (LB) Tops Q1 EPS by 4c, Revenues In-Line; Increases FY17 EPS Guidance

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L Brands (LB) PT Raised to $49 at Instinet Following 1Q Beat

May 18, 2017 7:27 AM EDT

Instinet raised its price target on L Brands (NYSE: LB) to $49.00 (from $48.00) while maintaining a Neutral rating. LB posted a 1Q beat, introduced guidance that hit the St at the high-end and slightly raised the FY guide taking shares up in the... More