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Investors continue to warm up to the apparel sector as visibility improves on store reopenings. While social distancing guidelines will restrict traffic significantly, analysts think there could be some pent-up demand. More news on: PVH Corp., Capri Holdings Limited, Ralph Lauren Corporati...
It's a modestly up day on Wall Street Monday, but certain stocks are up a whole lot more than others. Investors appear particularly enthusiastic about retail clothiers, for example, with the following four notching big gains: Image source: Getty Images. Why these four retailers in particular? ...
L Brands (NYSE: LB) thought it had unloaded the anchor that has been its Victoria's Secret brand after Sycamore Partners agreed to purchase it for $525 million. But the two are now locked in a battle after the private equity firm tried to back out of the deal due to the coronavirus pandemic....
COLUMBUS, Ohio, April 27, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today announced that its upcoming 2020 Annual Meeting of Stockholders (Annual Meeting) will now be held in a virtual-only format, via audio webcast, due to public health concerns related to the coronavirus (COVID-1...
L Brands (NYSE: LB) filed a scathing response to Sycamore Partners' attempt to back out of its deal to buy Victoria's Secret, saying the private equity firm must live with the choices it made. "Sycamore ... may regret that they did not negotiate the allocation of pandemic risk differently...
In what will be a high-stakes battle, L Brands (NYSE: LB ) takes legal action to force Sycamore Partners to complete the purchase of a controlling stake in Victoria's Secret. More news on: L Brands, Inc., Consumer stocks news, Read more ...
Retail holding company L Brands (NYSE: LB) has had a rough ride since the coronavirus pandemic arrived in North America. Already struggling, but with a deal struck to sell its troubled Victoria's Secret chain giving it a boost, the company's stock has taken a nosedive since stores were close...
Shares of retail holding company L Brands (NYSE: LB) were on the rebound on Thursday, a day after a lawsuit threatened to block the company's deal to sell a majority stake in its troubled Victoria's Secret chain. As of 3:30 p.m. EDT, L Brand's shares were up about 6% from Wednesday's closin...
Analysts are out with fresh looks at L Brands (NYSE: LB ) with the retailer in a battle against Sycamore Partners over the Victoria's Secret deal. More news on: L Brands, Inc., Consumer stocks news, Read more ...
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 world's largest oil companies have been known for their dividend safety for years, but that may be changing amid a historic ro...
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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...