2020-06-09 09:14:26 LULU Lululemon
06/09/20 06/0909:14 06/09/2009:14 | Lululemon price target raised to $360 from $225 at RBC CapitalRBC Capital analyst Kate Fitzsimons raised the firm's price target on Lululemon to $360 from $225 and keeps an Outperform rating on the shares ahead of its earnings on Thursday. Investors will likely look past the company's Q1 numbers and focus on the management commentary around digital momentum, productivity in reopened stores and regions, as well as its longer-term growth rate opportunities on the other side of COVID-19, the analyst tells investors in a research note. |
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