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Fly News Breaks for April 16, 2018
LULU
Apr 16, 2018 | 06:42 EDT
JPMorgan analyst Matthew Boss raised his price target for Lululemon to $107 after hosting meetings with management. Management is confident in the roadmap to reach or exceed its $4B revenue target by 2020, Boss tells investors in a research note. He believes "low-hanging fruit" remains for the company on the e-commerce front and keeps an Overweight rating on the shares.
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