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Fly News Breaks for September 3, 2015
LULU
Sep 3, 2015 | 07:39 EDT
Wedbush expects lululemon to have positive same-store sales momentum throughout 2015, and it predicts that the company's margins will begin rising in 2016 and beyond. The firm predicts that the company's 2H15 results will beat expectations, and it belives that lululemon's Q2 SSS will be strong. Wedbush keeps a $78 price target and Outperform rating on the shares.
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