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Fly News Breaks for January 13, 2020
LULU
Jan 13, 2020 | 10:32 EDT
Wedbush analyst Jen Redding noted that Lululemon reported "another record quarter" and raised guidance, prompting her to raise her price target on the shares to $245 from $235. She sees a solid holiday quarter as likely and views Lululemon as well-positioned heading into 2020, though she maintains a Neutral rating on the stock.
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