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Fly News Breaks for March 21, 2019
LULU
Mar 21, 2019 | 08:27 EDT
Cowen analyst John Kernan maintained an Outperform rating on Lululemon and raised his price target to $190 from $188 ahead of the company's investor day event on April 24. In a research note to investors, Kernan says checks and comScore data suggest no moderation from Q4 trends and he sees a financial roadmap to $25B+ valuation over time.