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Fly News Breaks for June 1, 2018
LULU
Jun 1, 2018 | 10:02 EDT
Barclays analyst Matthew McClintock earlier today raised his price target for Lululemon to $150 saying he's hard-pressed to find anything negative in last night's Q1 report. The retailer's investments in e-commerce capabilities are paying off, with further improvements to come during the remainder of fiscal 2018, McClintock wrote in a post-earnings research note titled "Let the Stock Run Free." He has an Overweight rating on Lululemon.
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