L Brands PT Raised to $70.00 (LTD)
Equities researchers at Cowen and Company boosted their price objective on shares of L Brands (NYSE:LTD) from $65.00 to $70.00 in a research report issued on Friday. The firm currently has an “outperform” rating on the stock. Cowen and Company’s target price would indicate a potential upside of 7.71% from the stock’s previous close.
A number of other firms have also recently commented on LTD. Analysts at Oppenheimer upgraded shares of L Brands from an “underperform” rating to a “market perform” rating in a research note on Monday, June 9th. Analysts at Stifel Nicolaus upgraded shares of L Brands to a “buy” rating in a research note on Friday, May 23rd. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $60.75.
L Brands, Inc, formerly Limited Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.