L Brands, Inc. (LB) Tops Q2 EPS by 1c; Boosts FY14 EPS Outlook

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Stifel Affirms 'Buy' Rating on L Brands (LB); Strong Q2 Results Against Tough Comps

August 21, 2014 6:29 AM EDT

Stifel maintains at Buy rating and $68 target price on L Brands (NYSE: LB) following Q2 results and outlook.

Analyst Richard Jaffe offered the following commentary:Guidance In Line With Consensus. Management has established 3Q EPS guidance of $0.26-$0.31 and updated its 2014 EPS guidance to $3.03-$3.18 from $3.00-$3.15. Annual... More