L Brands, Inc. (LTD) Tops Q1 EPS by 2c; Guides Q2, FY13 EPS

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Jefferies Says Avoid Limited Brands (LTD) After Q1 Results

May 23, 2013 8:07 AM EDT

Jefferies reiterated its Underperform rating and $40 price target on Limited Brands (NYSE: LTD) following Q1 results. The firm is telling clients to avoid the stock given slowing growth and peak fundamentals.

Analyst Randal J. Konik comments, "LTD posted slightly better... More