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Fly News Breaks for September 6, 2019
UA, UAA, LULU
Sep 6, 2019 | 08:52 EDT
Jefferies analyst Randal Konik raised his price target for Lululemon Athletica (LULU) to $200 from $175 following last nigh's results. The company continues to post strong comps, drive traffic from both new and existing customers, grow international, and expand product categories, Konik tells investors in a research note. The analyst, however, keeps a Hold rating on the shares, citing an "elevated" valuation. He views Under Armour (UAA) as the best way to play the athleisure space.
News For LULU;UAA;UA From the Last 2 Days
