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It's no secret that Victoria's Secret has been the reason for L Brands ' (NYSE: LB) earnings woes. The company's once-adored lingerie brand has seen revenue dwindle as shoppers turn to rivals that focus more on comfort than glamour. And yet, this month analysts at Bank of America , Deu...
In all likelihood, Wednesday won't go down as a memorable day on the stock exchange. This doesn't mean it was a bad one by any means. Several top stocks -- including one I'll explore below -- delivered better-than-expected earnings. Also, there were other encouraging developments pushing some...
L Brands ( LB +12.9% ) is in talks with Sycamore Partners about a potential deal for the Victoria's Secret business, sources tell The Wall Street Journal . More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
Shares of Victoria's Secret owner L Brands (NYSE: LB) are soaring on angel wings, up 13.3% as of 11 a.m. EST after The Wall Street Journal reported this morning that CEO Leslie Wexner is in talks to sell Victoria's Secret, retire from his post as L Brands' boss, or both. Image sour...
Wedbush Securities analyst Jen Redding sees a potential exit by Les Wexner from the L Brands ( LB +13.1% ) management team as a step in the right direction for both Victoria's Secret and L Brands as a whole. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, ...
Lee Enterprises (NYSE: LEE ) +55% to acquire BH Media Group’s publications and The Buffalo News for $140M. More news on: Lee Enterprises, Incorporated, Hepion Pharmaceuticals, Inc., Genprex, Inc., Stocks on the move, , Read more ...
L Brands (NYSE: LB ) CEO Leslie Wexner is in talks with the board to step aside from the company, sources tell The Wall Street Journal . Wexner has run the business since 1963. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
BOSTON, Jan. 24, 2020 (GLOBE NEWSWIRE) -- Block & Leviton LLP ( www.blockesq.com ), a securities litigation firm representing investors and whistleblowers nationwide, is investigating a possible breach of fiduciary duty claim involving the Board of Directors of L Brands, Inc. (NYSE: L...
Source L Brands shares ( LB ) look underpriced, after losing more than 75% of its value since November 5, 2015. The decrease in the share price is attributable to poor performance in the company’s Victoria’s Secret (VS) segment, which sells lingerie and other women apparel. I...
Shares of L Brands (NYSE: LB ) track higher in early trading after Barclays bumps up the retailer two notches straight to an Overweight rating from Underweight. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
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2024-07-24 12:15:02 ET Johnson Rice analyst issues BUY recommendation for LB on July 24, 2024 10:57AM ET. LB was trading at $28.95 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 7 - Buy, 3 - Hold recomme...
2024-07-23 15:00:04 ET John Mackay from Goldman Sachs issued a price target of $35.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $35.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 wi...
2024-07-23 15:00:04 ET Mark Lear from Piper Sandler issued a price target of $30.00 for LB on 2024-07-23 12:30:00. The adjusted price target was set to $30.00. At the time of the announcement, LB was trading at $28.92. The overall price target consensus is at $58.83 with...