Janney Capital Initiates L Brands With Neutral

Analysts at Janney Capital initiated coverage on L Brands, Inc. LB with a Neutral rating. The target price for L Brands is set to $87. L Brands shares have gained 72.29% over the past 52 weeks, while the S&P 500 index has surged 13.59% in the same period. L Brands shares rose 1.37% to close at $94.81 yesterday.