LIMITED BRANDS

Piper Jaffray has increased its price target on Limited Brands (NYSE: LTD) after LTD's 3Q earnings and gross margin were both higher than Piper Jaffray's estimates. In a note to clients Piper Jaffray writes, "Following the company's third-quarter earnings release, we are tweaking our Q4 EPS...

In Piper Jaffray's October same-store sales preview, the company said that its index is forecast to increase +1.3%, following a +1.7% increase in September and +2.9% increase in August, providing yet another positive reading of traffic and sales trend stabilization. “Against a backdrop of...

Goldman Sachs has published a research report on Limited Brands (NYSE: LTD) after the company hosted an investor day in New York on Wednesday. In the report, Goldman Sachs writes "As expected, the investor day carried little new news but highlighted these dynamics with (1) a review of progress they...

Following double-digit same-store sales growth in August and September, Piper Jaffray is raising its FQ3 EPS estimate of Limited Brands, Inc. (NYSE: LTD) from $0.04 to $0.12, which is ahead of management's guidance of $0.03 to $0.08 (given on 8/18/10). “We are also raising our Price Target from $30...

Piper Jaffray says that it is increasingly confident in its thesis that high-end retailers will outperform those catering to a moderate-income customer. “Based on our proprietary analysis, wages for highest quintile increased 4.0% y/y in September –representing an acceleration of 20 bps from...

Piper Jaffray writes on the September retail preview: "More than halfway through the month of September, women's specialty comps trending strongest, mass avg and teen lowest: Our PJC comp store index is forecasted to increase +1.4% in September, following a +2.9% increase in August, and a +2.9%...

I have been bullish on Limited Brands (NYSE: LTD), the holding company of such brands as Victoria’s Secret and Bath & Body Works, for some time now in both the common stock and bonds; I have recently went Neutral on the name, though. Soleil Securities is echoing that same thesis with a price...