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Odeon Capital Group lowers L Brands ( LB +0.1% ) to a Hold rating from Buy and keeps a price target of $28 after factoring in the retailer's deal to sell off a majority stake of Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
L Brands (NYSE: LB) is selling a 55% stake in Victoria's Secret to private equity firm Sycamore Partners at a valuation of $1.1 billion, and its CEO and founder, Leslie Wexner, has announced he'll be stepping down. After the transaction, the troubled retailer will be left with a 45% s...
Tivity Health (NASDAQ: TVTY ) -39% on Q4 earnings . More news on: Tivity Health, Inc., Six Flags Entertainment Corporation, BioXcel Therapeutics, Inc., Stocks on the move, Read more ...
L Brands (NYSE: LB ) confirms its deal with Sycamore Partners to privatize the Victoria's Secret business and position Bath & Body Works as a highly profitable, standalone public company. More news on: L Brands, Inc., Consumer stocks news, Merger & acquisition news, Stocks on the m...
Bath & Body Works to Become Focused, Standalone Public Company Majority 55% Interest in Victoria’s Secret Lingerie, Victoria’s Secret Beauty and Pink to be Acquired by Sycamore Partners, With L Brands Retaining 45% Minority Stake, at a Total Enterprise Value of ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . The Shanghai Composite Index closed up 1.8% overnight as the PBOC lowered its benchmark lending rates, cutting its one-year loan...
The deal is for private-equity player Sycamore Partners to buy 55% of Victoria's Secret at a $1.1B valuation, and take it private. L Brands (NYSE: LB ) will retain a 45% stake. More news on: L Brands, Inc., Consumer stocks news, Merger & acquisition news, Read more ...
Wedbush Securities analyst Jen Redding says promotional activity appeared to be evenly split between e-commerce and brick-and-mortar over the Presidents' Day weekend and inventories appeared controlled across full-price and clearance goods. More news on: American Eagle Outfitters, Inc., Ab...
Talks to sell L Brands' (NYSE: LB ) Victoria’s Secret brand to Sycamore Partners will extend into next week , CNBC reports. More news on: L Brands, Inc., Consumer stocks news, Read more ...
COLUMBUS, Ohio, Feb. 14, 2020 (GLOBE NEWSWIRE) -- In conjunction with the L Brands (NYSE: LB) fourth quarter 2019 earnings release, which will cross the wire after market close on Wednesday, Feb. 26, you are invited to listen to a live webcast of the conference call on Thursday, Feb. 27 at ...
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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...