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.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in