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Fly News Breaks for June 10, 2015
LULU
Jun 10, 2015 | 07:25 EDT
CLSA upgraded lululemon two notches to Buy from Underperform and increased its price target to $80 from $68. The firm said Q1 sales, traffic and conversions were all up and momentum improved. CLSA said lululemon is capturing e-commerce sales as it rebuilds store assortments and tries to match product flow with demand.
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