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Analysts at Goldman Sachs upgraded
L Brands IncLB from Buy to Conviction Buy.
The price target for L Brands has been raised from $104.00 to $106.00.
L Brands shares have gained 52.58 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period.
L Brands' shares jumped 2.80 percent to $89.91 in pre-market trading.
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