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Fly News Breaks for January 13, 2020
LULU
Jan 13, 2020 | 09:26 EDT
MKM Partners analyst Roxanne Meyer raised her price target on Lululemon to $264 and kept her Buy rating after the company raised its Q4 earnings and comps guidance. The analyst sees the results for the quarter as "industry leading", reflecting the strength of the company's product innovation, technology initiatives, and marketing efforts amid an otherwise "mixed" holiday season for retailers.
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