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.
08 Apr 2021
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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.
08 Apr 2021