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Fly News Breaks for March 23, 2015
LULU
Mar 23, 2015 | 08:58 EDT
Cowen said the risk/reward is good for lululemon ahead of its earnings report on Thursday and recommends buying shares ahead of the event. The firm cited improved product, controlled markdowns, and potential online traffic gains. Cowen reiterated its Outperform rating and $70 price target on lululemon shares.
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