L Brands (LB) Tops Q3 EPS by 2c, Offers Q4 Guidance
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FBR Capital Cuts Price Target on L Brands (LB) to $69 Following 3Q
November 17, 2016 7:06 AM ESTFBR Capital maintained a Market Perform rating on L Brands (NYSE: LB), and cut the price target to $69.00 (from $75.00), following the company's 3Q earnings report. LB reported an adjusted EPS of $0.42, in line with the consensus of $0.40. The EPS beat was driven by lower tax rate of 36% versus 38%... More
