UPDATE: L Brands (LB) Tops Q2 EPS by 4c, FY & Q3 EPS Guidance Misses Views

Go back to UPDATE: L Brands (LB) Tops Q2 EPS by 4c, FY & Q3 EPS Guidance Misses Views

L Brands (LB) PT Lowered to $37 at BMO Capital on 2Q Report; 'Lowered FY2017 Guidance Indicates Choppy Winds Ahead'

August 18, 2017 9:34 AM EDT

BMO Capital lowered its price target on L Brands (NYSE: LB) to $37.00 (from $44.00) while maintaining a Market Perform rating, following the company's second quarter earnings report.

Analyst John Morris notes the company delivered second quarter earnings per share and revenues above consensus... More

L Brands (LB) PT Lowered to $40 at Cowen; Reiterates Outperform

August 18, 2017 8:35 AM EDT

Cowen lowered its price target on L Brands (NYSE: LB) to $40.00 (from $49.00) while maintaining a Outperform rating. Analyst Oliver Chen are cautiously optimistic that LB can achieve their guidance for FY17.

EPS outlook lowered ~5% to $3.00-3.10 (vs. prior $3.10-3.40). Traffic remains a... More