Simeon Siegel On L Brands (LB) Reaching New Highs

Simeon Siegel, Managing Director of Equity Research at BMO Capital Markets, points out that Victoria's Secret totally transformed their business by selling less and charging more. BMO Capital has a price target on L Brands of $81. He thinks Bath & Body Works is a growth story and they continue to take more share. He thinks there is room to grow for L Brands.

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08 Apr 2021

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Futures

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Simeon Siegel On L Brands (LB) Reaching New Highs

Simeon Siegel, Managing Director of Equity Research at BMO Capital Markets, points out that Victoria's Secret totally transformed their business by selling less and charging more. BMO Capital has a price target on L Brands of $81. He thinks Bath & Body Works is a growth story and they continue to take more share. He thinks there is room to grow for L Brands.

Market On Close

08 Apr 2021

ON AIR
7:00 am
Futures

Get Market Minute

Daily insights for every investor

FOLLOW US