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Fly News Breaks for July 17, 2018
LULU
Jul 17, 2018 | 09:19 EDT
SunTrust analyst Pamela Quintiliano kept her Buy rating and $145 price target on Lululemon, saying her recent conversation with the VP of Investor Relations has highlighted how "the company has evolved over the last several years through improved product, infrastructure, supply chain and digital". The analyst contends that Lululemon's fundamentals have "strengthened dramatically", and the company has built a "solid foundation for future growth, supported by ongoing technical innovation and a loyal customer base".
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