L Brands, Inc. (LB) News

L Brands, Inc. (LB)

Today's Latest Price: $26.04 USD

0.78 (3.09%)

Updated Aug 7 12:00am

Add LB to Watchlist
Sign Up

Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 65 in Fashion & Luxury

See all "A" rated Strong Buy stocks

Filter LB News Items

LB News Results

Event/Time Symbol Company News Detail Start End Change POWR Rating
Loading, please wait...

Latest LB News From Around the Web

Below are the latest news stories about L Brands Inc that investors may wish to consider to help them evaluate LB as an investment opportunity.

Here are Thursday's biggest analyst calls of the day: Target, L Brands, Shopify, Amazon & more

Here are the biggest calls on Wall Street on Thursday

CNBC | July 30, 2020

JPMorgan Turns Bullish On L Brands

JPMorgan analyst Matthew Boss raised L Brands' (LB) stock rating to Buy from Hold on Wednesday, after the company provided a separation update related to Victoria’s Secret and Bath & Body Works. Boss also lifted his price target to $32 (23.6% upside potential) from $14.Shares are down 2.4% in Thursday's pre-market trading after jumping 35.4% to $6.76 on Wednesday.On July 28, L Brands divided Victoria’s Secret and Bath & Body Works into two independent companies. In addition, L Brands said it expects Bath & Body Works 2Q sales to rise by a preliminary 10% and Victoria’s Secret sales to fall by 40%.Boss believes that the Bath & Body Works division represents the “best current [comparison] story” in brick-and-mortar retail. He further added in a commentary cited by Bloomberg that B...

Yahoo | July 30, 2020

Benzinga's Top Upgrades, Downgrades For July 30, 2020

Upgrades * For Waddell & Reed Financial Inc (NYSE: WDR), Citigroup upgraded the previous rating of Sell to the current rating Neutral. For the second quarter, Waddell & Reed Financial had an EPS of $0.38, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $18.33 and a 52-week-low of $9.87. Waddell & Reed Financial closed at $14.84 at the end of the last trading period. * Citigroup upgraded the previous rating for American Eagle Outfitters Inc (NYSE: AEO) from Neutral to Buy. In the first quarter, American Eagle Outfitters showed an EPS of ($0.84), compared to $0.24 from the year-ago quarter. The stock has a 52-week-high of $18.07 and a 52-week-low of $6.54. At the end of the last trading period, American Eagle Outfitters closed at $10.65. * For...

Yahoo | July 30, 2020

L Brands leads apparel to big day as investors look for bargains

L Brands ([[LB]] +34.0%) is the highest gainer in the apparel sector after forecasting sales above Q2 estimates, announcing a workforce reduction and landing an upgrade from JPMorgan. JP moves to an Overweight rating from Neutral on its view that the risk-reward profile is hard to ignore with cost saving...

Seeking Alpha | July 29, 2020

Here are Wednesday's biggest analyst calls of the day: Tesla, Apple, L Brands, Netflix & more

Here are the biggest calls on Wall Street on Wednesday

CNBC | July 29, 2020

AMD, L Brands rise; Boeing, Six Flags fall

Stocks that moved heavily or traded substantially on Wednesday: AMD, L Brands rise; Boeing, Six Flags fall

ABC News | July 29, 2020

L Brands Trades Up 30% On Victoria's Secret Update

L Brands Inc (NYSE: LB ) reported a strategic review and business update that prompted JPMorgan to double upgrade the stock. The company announced it sees $400 million annualized cost reductions through a profit improvement plan for Victoria's Secret. The company also announced it has reopened most Bath & Body Works and Victoria's Secret stores in North America. The L Brands Analyst: Matthew Boss upgraded L Brands from Neutral to Overweight with a price target lifted from $14 to $32. The L Brands Thesis: L Brands said second-quarter total consolidated sales were down 20% while Victoria's Secret sales were down 40%, Boss wrote in the note. However, Bath & Body Works sales were up 10%, an impressive performance as around half of all stores was closed … Full story available on Benzinga.com

Benzinga | July 29, 2020

S&P 500 top movers: L Brands Inc (LB) gains more than 30% on upbeat outlook

The S&P 500 Index (SPX) started the day in the positive territory on Wednesday and preserved its bullish momentum ahead of the Federal Reserve's polic

FXStreet | July 29, 2020

5 Stock Gainers on Wednesday: Kodak, L Brands, AMD

The stock market gainers Wednesday with shares rising is Kodak stock, L Brands stock, CoStar Group stock, AMD stock and Penn National Gaming stock

The Street | July 29, 2020

L Brands leads apparel to big day as investors look for bargains (NYSE:LB)

L Brands (LB +34.0%) is the highest gainer in the apparel sector after forecasting sales above Q2 estimates, announcing a workforce reduction and landing a

Seeking Alpha | July 29, 2020






Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!



Page generated in 0.6338 seconds.