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Fly News Breaks for December 3, 2019
LULU
Dec 3, 2019 | 07:19 EDT
Cowen analyst John Kernan raised his price target on Lululemon to $250 from $235 citing its pathway to $1B in annual free cash flow with the durability of growth being enhanced by innovation, luxury-like brand positioning, and a community based model. Kernan reiterated his Outperform rating on Lululemon shares.
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