L Brands Reports November 2017 Sales

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L Brands (LB) PT Raised to $52 at Baird Following November Comps

December 1, 2017 9:31 AM EST

Baird raised its price target on L Brands (NYSE: LB) to $52.00 (from $48.00) while maintaining a Neutral rating following the company's November comps. L Brands reported a -1% November comp, slightly below guidance and consensus. November sales increased +2% to $1.267 billion, ~in line with $1.263 billion... More