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Fly News Breaks for January 14, 2020
LULU
Jan 14, 2020 | 08:36 EDT
Guggenheim analyst Robert Drbul raised his price target on Lululemon to $275 from $250 after the company provided an update on its Holiday performance ahead of its meetings at the ICR Conference. He has raised his sales and EPS estimates as its sales outperformance is translating into earnings upside and he sees little sign of slowing momentum. Drbul keeps a Buy rating on Lululemon shares.
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