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LB

L Brands

$23.43 /

-0.565 (-2.35%)

08:15
02/21/20
02/21
08:15
02/21/20
08:15

L Brands price target raised to $29 from $24 at Deutsche Bank

Deutsche Bank analyst Tiffany Kanaga raised the firm's price target on L Brands to $29 from $24 and keeps a Buy rating on the shares. The analyst says her "so bad, it's good" thesis is playing out largely as anticipated after L Brands sold a majority interest in Victoria's Secret to Sycamore Partners. New Bath & Body Works CEO Andrew Meslow is well positioned to lead the business to "continued and uncommon" success in the mall, Kanaga tells investors in a research note. The analyst's sensitivity analysis demonstrates upside to shares into the mid-$30 range through extended double-digit growth trends.

  • 27

    Feb

LB L Brands
$23.43 /

-0.565 (-2.35%)

02/21/20 Evercore ISI
L Brands upgraded to Outperform from In Line at Evercore ISI
02/20/20 Odeon Capital
L Brands downgraded to Hold from Buy at Odeon Capital
02/11/20 Credit Suisse
L Brands upgraded to Neutral from Underperform at Credit Suisse
02/10/20 MKM Partners
L Brands could fetch up to $3.4B for Victoria's Secret, says MKM Partners

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