RBC Capital analyst Brian Tunick raised his price target on Lululemon to $130 and kept his Outperform rating. Tunick says his meetings with the management gave him increased confidence of the likely revenue and earnings beat in FY18 and FY19, adding the current momentum can carry the company to its $4 EPS target in FY19. Among the growth drivers, the analyst points to anticipated 10% square footage increase, a $1B Men's division business, increased digital e-commerce penetration, and an expansion of the international business, where Asia alone could add over $1B in revenue.