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Fly News Breaks for March 31, 2016
LULU
Mar 31, 2016 | 07:12 EDT
RBC Capital believes that lululemon reported "solid" Q4 results, and the firm thinks the company has "enviable momentum." It says the company could meet its goal of doubling its sales and EPS by 2020. RBC raised its price target on the name to $75 from $65 and keeps an Outperform rating on the shares.
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