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L Brands Analyst Says Strategic Alternatives Won't Save Stock From Further Downside
Monday, November 25, 2019 - 1:00pm | 501Victoria's Secret and Bath & Body Works' parent company L Brands Inc (NYSE: LB) is reportedly in talks to explore strategic alternatives, but this comes at a time when its core brands are "already broken," according to Jefferies. The Analyst Randal Konik maintained an...
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Former Victoria's Secret CMO Jann Parish Joins Green Growth Brands
Tuesday, June 25, 2019 - 11:42am | 243Green Growth Brands Inc (OTC: GGBXF) on Tuesday announced the appointment of Jann Parish as its Chief Marketing Officer effective immediately. Parish has a vast marketing experience, having previously served in leadership positions at a number of global brands. She was previously the CMO of L...
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Bulls & Bears Of The Week: Apple, Tesla, Home Depot, Walgreens And More
Sunday, March 3, 2019 - 12:04pm | 933Benzinga featured looks at many investor favorite stocks over the past week. Retailers that posted quarterly results were among both bullish and bearish calls. Also covered were the prospects for the iPhone maker and the leading electric vehicle giant. The big U.S. indexes ended the past week...
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What To Make Of L Brands' Q3, Leadership Change, Dividend Reduction
Tuesday, November 20, 2018 - 4:20pm | 681L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...
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Goldman Sachs Out Bullish On L Brands, Takes Neutral Stance On Gap
Friday, October 26, 2018 - 2:44pm | 502Goldman Sachs initiated coverage of two retail brands this week. The Analyst Goldman Sachs analyst Alexandra Walvis initiated coverage of L Brands Inc (NYSE: LB) with a Buy rating and $36 price target. The analyst also initiated coverage of Gap Inc (NYSE: GPS) with a...
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Troubled Victoria's Secret Triggers Morgan Stanley's Downgrade Of L Brands
Friday, August 24, 2018 - 1:04pm | 427Victoria’s Secret's struggles continue to make L Brands (NYSE: LB) a wait-and-see story, according to Morgan Stanley. The Analyst Morgan Stanley’s Kimberly Greenberger downgraded L Brands from Overweight to Equal-Weight and maintained a $32 price target....
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Citi Upgrades L Brands, Says Victoria's Secret Parent Company Is Undervalued
Monday, May 14, 2018 - 2:31pm | 446Victoria's Secret and Bath & Body Works parent company L Brands Inc (NYSE: LB) was upgraded by Citi on Monday, with an analyst saying the market's valuation of the retailer is overly bearish. The Analyst Citi's Paul Lejuez upgraded L Brands from Neutral to Buy and...
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Investors May Have To Wait Further For L Brands Recovery
Thursday, March 1, 2018 - 5:57pm | 291Disappointing 2018 guidance means a rough start to the year for L Brands Inc (NYSE: LB), according to Bank of America Merrill Lynch. The Analyst BofA's Lorraine Hutchinson maintained an Underperform rating on L Brands with a $38 price target. The Thesis L Brands’ fiscal 2018...
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9% Downside Seen In L Brands As New Merchandise Struggles To Gain Fans
Thursday, October 26, 2017 - 11:41am | 425Buckingham Research downgraded shares of L Brands Inc (NYSE: LB) from Buy to Neutral and lowered its price target from $43 to $40, with the revised target representing roughly 9-percent downside from current levels. The rationale for the action? The firm said its near-term concern is based on...
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L Brands: 4 Reasons For Concern
Thursday, August 17, 2017 - 12:29pm | 334L Brands Inc (NYSE: LB) shares hit a new 52-week low, dropping more than 10 percent Thursday after cutting its FY17 EPS outlook, despite delivering a second-quarter earnings beat. The specialty retailer also expects to third quarter earnings to come in below consensus estimates, 25–30 cents...
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Is It Time To Buy The Dip In L Brands?
Thursday, August 17, 2017 - 10:55am | 472L Brands Inc (NYSE: LB) was hammered Thursday after the company disappointed investors with its second-quarter earnings report. Not everyone on Wall Street was disappointed by what they saw from the company, however. MKM Partners analyst Nehal Chokshi says investors should be jumping on the...
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L Brands: Will It Have An Urban Outfitters Or Dick's Quarter?
Wednesday, August 16, 2017 - 2:22pm | 655L Brands Inc (NYSE: LB) is scheduled to release its second-quarter results after the market close Wednesday. Analysts, on average, expect the company to report earnings of 42 cents on revenues of $2.75 billion. Stung by the negative sentiment toward the sector, the stock has been on a wane since...
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Jefferies Remains Bearish On L Brands Amid PINK's Slight Comp Positive, 'Far Off' Improving Trends
Thursday, May 18, 2017 - 11:26am | 429Jefferies analyst Randal Konik's bearish stance on L Brands Inc (NYSE: LB) remains unchanged despite the retailer reporting a better-than-expected earnings report and issued strong forward looking guidance. The analyst maintains an Underperform rating on L Brands' stock with an unchanged $35 price...
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The L Brands Story Stays Uncertain
Friday, February 24, 2017 - 11:45am | 382L Brands Inc (NYSE: LB)'s February sales and first-quarter 2017 guidance came in significantly below expectations. The tough start to the first quarter “adds additional uncertainty to LB story,” Wedbush’s Morry Brown said in a report. He maintained a Neutral rating on the company...
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Since September, 65% Of All U.S. Internet Users Visited Amazon.com
Thursday, December 8, 2016 - 2:52pm | 424Amazon.com, Inc. (NASDAQ: AMZN) may be priming for a strong holiday quarter, going by research highlighted by Wells Fargo in a note released Thursday. Findings Quoting online traffic data from ComScore, analyst Ike Boruchow noted that about 65 percent of all U.S. internet users visited Amazon....