Limited (LTD +1.3%) moves up after Argus raises its price target to $55 from $48. Argus notes...

|About: L Brands, Inc. (LB)|By:, SA News Editor

Limited (LTD +1.3%) moves up after Argus raises its price target to $55 from $48. Argus notes the apparel retailer reported higher than expected Q4 EPS and 12% comp growth at Victoria's Secret, and thinks the company remains well-positioned for further gains. It maintains its Buy rating.