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Tag: upgrade

Victoria’s Secret parent L Brands shares rise on Barclays upgrade

Barclays is betting “change is afoot” at Victoria’s Secret’s parent company L Brands. The investment bank on Thursday upgraded L Brands shares to overweight from underweight, and gave the retailer’s stock a new price target of $30, double its previous target of $15. L Brands shares were recently up more than 4%, trading around $20.60. …

Victoria’s Secret parent L Brands shares rise on Barclays upgradeRead More