Morgan Stanley Sees International Growth Ramping Up on L Brands
February 28, 2014 at 10:15 AM EST
In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating and $66.00 price target on L Brands (NYSE: LB ). In the report, Morgan Stanley noted, “We think the Street underestimates the company's international growth and EBIT margin expansion opportunity. We find current 15x FY15