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JPMorgan keeps L Brands ([[LB]] -0.3%) slotted at Overweight and tagged as an Analyst Focus List pick after meeting with management and with recent fieldwork pointing to potential incremental Q3 same-store-sales and gross margin upside. JP's bull pitch: "The combination of (i) BBW high-s...
COLOMBUS, Ohio, Oct. 15, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the expiration and final results of its tender offers (the “ Tender Offers ”) to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the “ 2022 Notes ...
Deutsche Bank fires off a catalyst call buy idea on L Brands (LB) on its view that ongoing momentum for Bath & Body Works will lead to upside.The stance from DB on Victoria's Secret brand isn't alarming."We believe LB remains squarely on the right track to improve profitability ...
This article depicts the best performing group of S&P Smallcap 600 stocks during the rebound for markets in the third quarter of 2020. While the S&P Smallcap 600 Index (+3.2%) lagged the S&P 500 (+8.9%) in the third quarter, the top 50 stocks in the smallcap index strongly...
It was a quarter that saw US Covid deaths rise after a summer taper. But markets seemed to see past the pandemic and bid up sectors and stocks that could benefit from a potential reopening anyway.The Consumer Discretionary Select Sector SPDR ETF (XLY) was the best performer of the major secto...
A JP Morgan analyst believes L Brands (NYSE: LB) may have turned the corner on its woes, after an extremely rocky start to the year when the COVID-19 pandemic ended a chance to divest its ailing, controversial Victoria's Secret brand. Seeing a brighter future ahead for the company, ...
L Brands ([[LB]] +5.2%) is added by JPMorgan to its Analyst Focus List and called a Value Idea pick. Analyst Matthew Boss: "We maintain shares of LB at Overweight with a revised $42 Dec 2021 price target based on 6x our FY22E EBITDA. The combination of (i) 2H gross profit dollars returning to...
COLOMBUS, Ohio, Sept. 30, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today the results to date of its tender offers (the “ Tender Offers ”) to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the “ 2022 Notes ”), (ii) ...
Even though the markets dropped just 10% after an incredible run, the naysayers have come back with the theories of doom and gloom. 4 out of 5 times when markets drop from all-time highs, they recover with the max draw down of only 20%. The current correction is providing a solid ...
COLUMBUS, Ohio, Sept. 16, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) announced today that, in connection with its offers (the “ Tender Offers ”) to purchase for cash its outstanding (i) 5.625% Senior Notes due 2022 (the “ 2022 Notes ”), (ii) 5.625% Senior...
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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...