L Brands (LB) Reports a Solid October Comp Beat Ahead of Analyst Day; Mizuho Securities Reiterates Buy

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Go back to L Brands (LB) Reports a Solid October Comp Beat Ahead of Analyst Day; Mizuho Securities Reiterates Buy

L Brands (LB) PT Lifted to $110 at Mizuho Securities

November 4, 2015 7:10 AM EST

Mizuho Securities analyst Betty Chen reiterated an Outperform rating and boosted its price target on L Brands (NYSE: LB) to $110.00 (from $100.00) following results.

Chen commented, "We are raising our estimates and PT to $110 (from $100) following solid October comps, BTE 3Q guidance, and greater... More

Market Wrap: Dow Jones Turns Positive for 2015; Citron Out with More on Valeant; Mergers Galore

November 2, 2015 5:44 PM EST

Market wrap for November 2nd

End of the Day: S&P 500 up 24.7 to 2,104.05; Dow Jones up 165.2 to 17,828.76; Nasdaq up 73.4 to 5,127.15

Market Brief: The Dow Jones Industrial Average pushed into positive territory for 2015, now up a modest 0.03% for the year.

Energy stocks made a 2.4 percent move higher today, leading the S&P 500.

Merger Monday is back for the second-straight week as a slew of announcements were made ahead of the opening bell.

Citron Research was... More

L Brands (LB) Sees Oct. Comps up 5%; Boosts Q3 EPS View

November 2, 2015 5:23 PM EST

L Brands (NYSE: LB) reported estimated October comparable store sales and raised guidance for third quarter earnings. The company is making this updated information available in advance of its previously announced Investor Update Meeting on Nov. 3.

October comparable store sales are expected to be up 5%,... More