Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Morgan Stanley Ups Limited Brands to Overweight


Morgan Stanley upgraded Limited Brands (LTD) to overweight from equal-weight, noting improvements in the company's business.

Analyst Michelle Clark noted operating performance at Express running significantly ahead of her expectations and continued momentum at Victoria's Secret. In addition, she believes there is a potential turnaround at Bath & Body Works beginning in the third quarter. She says these factors serve as catalysts to take the shares higher. She sees $1.71 fiscal year 2007 (ending Jan) EPS and $1.95 in fiscal year 2008. She has a new $33 stock price target.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus