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Fly News Breaks for August 15, 2018
LULU
Aug 15, 2018 | 08:36 EDT
B. Riley FBR analyst Susan Anderson reiterated a Neutral rating on Lululemon and raised her price target to $128 from $112, telling investors in a research note that she sees Q2 EPS of 49c, in line with the Street, with comps up 9%. Anderson says investors are likely to be focused on quarter-to-date same-store sales trends, guidance, margin outlook and an update on how the men's business and new materials are performing.
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