L Brands CEO in talks to step aside and sell Victoria's Secret: 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 EST

Wells 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 EST

Bernstein 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