L Brands Upgraded By Vetr Crowd

L Brands Inc. (NYSE: LB) shares have traded down about 26 percent over the last six months, but the Vetr community has upgraded the stock from 1.5 to 2 stars.

On June 9, Morgan Stanley’s Kimberly Greenberger pointed out that L Brands has competed decently well with online outlets such as Amazon.com, Inc. (NASDAQ: AMZN) due to some of its stores selling products that cater better toward a walk in experience as opposed to an online experience, such as Victoria’s Secret.

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Vetr members have given L Brands a Sell rating and a $46.34 price target. This price target is lower than the $61.85 price target from Wall Street analysts. The stock closed Monday at $51.87.

Of all Vetr raters, about 72 percent believe traders and investors should buy L Brands stock.

For Vetr’s full analysis of L Brands, go here.

Latest Ratings for LB

Apr 2017

Citigroup

Downgrades

Neutral

Mar 2017

KeyBanc

Downgrades

Underweight

Mar 2017

FBR Capital

Upgrades

Market Perform

Outperform

View More Analyst Ratings for LB
View the Latest Analyst Ratings

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