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Fly News Breaks for April 8, 2015
LULU
Apr 8, 2015 | 07:44 EDT
As noted earlier, Sterne Agee upgraded lululemon to Buy from Neutral. After meeting with the company's new CFO, the firm is becoming confident that its margins and sales will grow, and it believes that the company's investments will pay off more than it previously expected, possibly as early as Q4. The firm is upbeat on the company's products and operational changes. Target $77.
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