L Brands Reports March 2018 Sales
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L Brands (LB) PT Lowered to $33 at BofA/Merrill Lynch
April 13, 2018 9:01 AM EDTBofA/Merrill Lynch lowered its price target on L Brands (NYSE: LB) to $33.00 (from $38.00) while maintaining an Underperform rating.
Analyst Lorraine Hutchinson said while the March comp was ok, margins are under pressure.
... MoreL Brands (LB) PT Lowered to $53 at Deutsche Bank; Dividend Could Provide Support
April 12, 2018 11:43 AM EDTDeutsche Bank analyst Paul Trussel lowered his price target on L Brands (NYSE: LB) to $53.00 (from $60.00) while maintaining a Buy rating after Victoria's Secret's comp was up only 1% even with aggressive promotional activity.
Trussel notes that, importantly, margin commentary suggests... More
