Information Provided By:
Fly News Breaks for December 12, 2019
LULU
Dec 12, 2019 | 07:12 EDT
Wells Fargo analyst Ike Boruchow raised his price target for lululemon to $260 from $230 and maintained an Overweight rating following the company's "exemplary" quarter, though he admits the buyside might have been looking for slightly stronger top-line trajectory. While the print was fundamentally strong "as usual," Boruchow tells investors that lululemon might trade lower at the open, even though "we didn't see any real holes to poke in this print." The analyst says he is a buyer on any material pullback.
News For LULU From the Last 2 Days
There are no results for your query LULU