Ceragon Networks (CRNT) Got Higher Needham Rating And $3.6000 Target; 13 Analysts Bullish L Brands, Inc. (LB)

May 8, 2018 - By Darrin Black

Ceragon Networks Ltd. (NASDAQ:CRNT) Logo

Among 36 analysts covering L Brands (NYSE:LB), 13 have Buy rating, 3 Sell and 20 Hold. Therefore 36% are positive. L Brands had 196 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Friday, November 17 to “Outperform”. The company was maintained on Friday, May 20 by RBC Capital Markets. The rating was upgraded by FBR Capital on Friday, March 17 to “Outperform”. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, April 26. On Thursday, February 8 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Neutral” rating by Citigroup given on Wednesday, October 7. The firm earned “Market Perform” rating on Thursday, March 1 by Telsey Advisory Group. The firm has “Outperform” rating by Cowen & Co given on Friday, May 20. The stock of L Brands, Inc. (NYSE:LB) earned “Buy” rating by M Partners on Thursday, September 17. The firm has “Hold” rating by Piper Jaffray given on Wednesday, February 28. See L Brands, Inc. (NYSE:LB) latest ratings:

26/04/2018 Broker: Jefferies Rating: Sell New Target: $30.0000 Maintain
26/04/2018 Broker: RBC Capital Markets Rating: Buy New Target: $44.0000 Maintain
12/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $55.0000 Maintain
12/04/2018 Broker: Guggenheim Rating: Hold
13/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $45 New Target: $38 Maintain
26/03/2018 Broker: KeyBanc Capital Markets Old Rating: Underweight New Rating: Underweight Old Target: $35 New Target: $32 Maintain
12/03/2018 Broker: Credit Suisse Rating: Neutral New Target: $45 Initiates Coverage On
08/03/2018 Broker: FBR Capital Rating: Buy New Target: $58.0 Maintain
09/03/2018 Broker: Loop Capital Rating: Hold New Target: $45 Initiates Coverage On
01/03/2018 Broker: Cowen & Co Rating: Hold New Target: $45.0 Maintain

Needham raised Ceragon Networks (NASDAQ:CRNT)‘s stock to a Buy rating. The ratings change was issued to investors and clients in a an analyst report today. The financial company after the upgrade has $3.6000 price target on CRNT.

More recent L Brands, Inc. (NYSE:LB) news were published by: Seekingalpha.com which released: “L Brands: Growth Potential Underestimated” on May 04, 2018. Also Seekingalpha.com published the news titled: “Your 50 Top S&P 500 Stocks For Yield, Gains And Upside In May” on May 06, 2018. Benzinga.com‘s news article titled: “The Week Ahead: Nvidia And Dropbox Earnings, April Retail Sales, Trump Drug Pricing Speech Expected” with publication date: May 07, 2018 was also an interesting one.

The stock decreased 0.93% or $0.32 during the last trading session, reaching $34.03. About 4.70M shares traded or 2.77% up from the average. L Brands, Inc. (NYSE:LB) has declined 20.09% since May 8, 2017 and is downtrending. It has underperformed by 31.64% the S&P500.

L Brands, Inc. operates as a specialty retailer of womenÂ’s intimate and other apparel, beauty and personal care products, and accessories. The company has market cap of $9.49 billion. The firm operates in three divisions: VictoriaÂ’s Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It has a 9.95 P/E ratio. The Company’s products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.

Investors sentiment decreased to 1.18 in Q4 2017. Its down 0.01, from 1.19 in 2017Q3. It dropped, as 38 investors sold L Brands, Inc. shares while 139 reduced holdings. 86 funds opened positions while 123 raised stakes. 218.87 million shares or 0.80% more from 217.14 million shares in 2017Q3 were reported. State Of Tennessee Treasury Department stated it has 0.06% in L Brands, Inc. (NYSE:LB). Acadian Asset Mgmt Ltd Liability Corp reported 0% of its portfolio in L Brands, Inc. (NYSE:LB). Brandes Ptnrs L P has 9,040 shares for 0.01% of their portfolio. Advisory Net Limited Liability Co reported 0.04% stake. Artemis Inv Mngmt Llp reported 1.60 million shares. Baldwin Brothers Incorporated Ma reported 10 shares. Everence Capital Incorporated invested in 6,060 shares or 0.08% of the stock. Schwab Charles Invest Mngmt Inc reported 0.05% of its portfolio in L Brands, Inc. (NYSE:LB). 66,605 are held by Rafferty Asset Ltd Co. Guggenheim Ltd Liability Company has 667,495 shares for 0.1% of their portfolio. Mason Street Advisors Ltd Liability Corporation owns 0.05% invested in L Brands, Inc. (NYSE:LB) for 34,398 shares. 21,847 are held by Asset Management. Westpac Bk Corporation has invested 0.28% in L Brands, Inc. (NYSE:LB). Rhumbline Advisers reported 0.05% in L Brands, Inc. (NYSE:LB). 15,152 were reported by Stone Ridge Asset Management Ltd Limited Liability Company.

More notable recent Ceragon Networks Ltd. (NASDAQ:CRNT) news were published by: Seekingalpha.com which released: “Ceragon Networks’ (CRNT) CEO Ira Palti on Q1 2018 Results – Earnings Call Transcript” on May 07, 2018, also Benzinga.com with their article: “Benzinga Pro’s 5 Stocks To Watch Today” published on May 07, 2018, Benzinga.com published: “26 Stocks Moving In Monday’s Mid-Day Session” on May 07, 2018. More interesting news about Ceragon Networks Ltd. (NASDAQ:CRNT) were released by: Streetinsider.com and their article: “Pre-Open Movers 05/07: (ATHN) (GPT) (NOG) Higher; (XRAY) (EBIO) (TSN) Lower (more…)” published on May 07, 2018 as well as Benzinga.com‘s news article titled: “16 Stocks Moving In Monday’s Pre-Market Session” with publication date: May 07, 2018.

Ceragon Networks Ltd. provides wireless backhaul solutions that enable cellular operators and other wireless service providers to deliver voice and data services worldwide. The company has market cap of $221.11 million. The Company’s wireless backhaul solutions use microwave radio technology to transfer telecommunication traffic between base stations, small sells, and the core of the service provider's network. It has a 14.89 P/E ratio. The firm also provides wireless fronthaul solutions that use microwave technology for communication between LTE/LTE-advanced base band digital unit stations and remote radio heads.

L Brands, Inc. (NYSE:LB) Institutional Positions Chart

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