L Brands Reports Estimated October Comp and Updates Third Quarter Earnings Guidance in Advance of Investor Update Meeting
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Mizuho Securities Downgrades L Brands (LB) to Neutral
November 1, 2016 7:22 AM EDTMizuho Securities downgraded L Brands (NYSE: LB) from Buy to Neutral with a price target of $70.00 following Q3 miss and multiple contraction.
Analyst Betty Chen commented, "We are downgrading LB to Neutral and lowering our PT to $70 after a 3Q EPS miss that... More
Stifel Cuts Price Target on L Brands (LB) to $85 Following 3Q Pre-Release
November 1, 2016 7:14 AM EDTStifel maintained a Buy rating on L Brands (NYSE: LB), and cut the price target to $85.00 (from $90.00), following the company's 3Q pre-release. Management expects 3Q EPS to be $0.40, at the low end of its previous guidance range of $0.40-$0.45 and below the consensus of $0.46.... More
