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L Brands (LB) PT Raised to $47 at UBS Following Investor Day

November 6, 2017 9:08 AM EST

UBS raised its price target on L Brands (NYSE: LB) to $47.00 (from $40.00) while maintaining a Neutral rating following the company's investor day. LB continues to forecast low to mid 20% growth in International sales growth. Much of that should come from China, where LB is... More