Limited Brands, Inc.’s (LTD) Price Target Raised

Soleil Securities has raised the price target for Limited Brands, Inc. (NYSE: LTD) to $24.

The company has made a strong start in February. The management at the company is committed in its efforts to keep the pace of growth in expenses lower than the growth in sales.

According to Soleil, the new systems adopted by the company seems to be delivering on the promise to reduce cycle times, improve stock positions, and allocate goods to stores where merchandise will sell through quickly.

Soleil Securities continues to rate Limited Brands, Inc. as a Hold.