L Brands (LB) Explores Strategic Options for Victoria's Secret, Lex Wexner in Talks to Step Aside as CEO - WSJ
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L Brands (LB) Worth $33-$35/Share if it Sells VS as Modest Multiple - Wells Fargo
January 29, 2020 10:12 AM ESTWells Fargo analyst Ike Boruchow weighed in on L Brands (NYSE: LB) amid reports the company is exploring a potential sale of the VS brand, and CEO Les Wexner is considering stepping aside as CEO.
Boruchow continues to... More
Bernstein Reiterates Market Perform Rating on L Brands (LB)
January 29, 2020 9:32 AM ESTBernstein analyst Jamie Merriman reiterated a Market Perform rating and $19.00 price target on L Brands (NYSE: LB)
Believes management is looking to finally monetize Victoria's Secret.The analyst comments "While a $0 price for Victoria's Secret is likely too... More
