A report from D.I. reiterates its Medium Risk – Positive Bias rating on Limited Brands LTD.
The report states, “One-time items and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Positive Bias rating for LTD. Over the last 5 years, LTD has recorded $237 million in goodwill and other intangible asset impairment charges. Leslie Wexner has served as CEO since 1963 and Chairman since at least 1970."
LTD closed yesterday at $43.04.
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