L Brands Reports Second Quarter 2016 Earnings
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FBR Capital Raises Price Target on L Brands (LB) to $75 Following 2Q EPS Beat
August 19, 2016 7:25 AM EDTFBR Capital reiterated a Market Perform rating on L Brands (NYSE: LB), and raised the price target to $75.00 (from $68.00), following the company's 2Q earnings report. Adjusted EPS of $0.70 came in well above the consensus estimates of $0.57 and guidance at the high end of $0.50$0.60.
Analyst Susan Anderson... More
UPDATE: Oppenheimer Upgrades L Brands (LB) to Outperform
August 19, 2016 7:03 AM EDT(Updated - August 19, 2016 9:21 AM EDT)
Oppenheimer upgraded L Brands (NYSE: LB) from Perform to Outperform with a price target of $90.00 (from $75.00). Analyst Anna Andreeva sees opportunity in the company's current transition, and she thinks its multiple will revert closer to historical... More
Stifel Raises Price Target on L Brands (LB) Following 2Q Report
August 18, 2016 1:55 PM EDTStifel reiterated a Buy rating on L Brands (NYSE: LB), and raised the price target to $90.00 (from $82.00), following the company's 2Q earnings report.
Analyst Richard E. Jaffe commented, "L Brands reported adjusted 2Q EPS of $0.70, a 3% increase vs. $0.68 LY. Results were well above... More
L Brands (LB) Tops Q2 EPS Views; Boosts FY16 Outlook
August 17, 2016 4:17 PM EDTL Brands (NYSE: LB) reported Q2 EPS of $0.70, versus the analyst estimate of $0.59. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.86 billion.
The company reported a comparable sales increase of 3 percent for the second quarter ended July 30,... More
