This Is What Whales Are Betting On Lululemon Athletica
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Lululemon Athletica (NASDAQ:LULU), with 34 uncommon options trades spotted. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $270 to $520 for Lululemon Athletica over the last 3 months. B of A Securities and TD Cowen maintain their Buy and Outperform ratings, with price targets of $450 and $525, respectively.
May 19, 2023 | 7:45 pm
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POSITIVE IMPACT
A large investor's bullish stance on Lululemon Athletica (NASDAQ:LULU) could indicate potential positive movement. Whales target a $270-$520 price range, while B of A Securities and TD Cowen maintain positive ratings with price targets of $450 and $525.
The bullish stance taken by a large investor, along with the 50% bullish sentiment among big-money traders, suggests potential positive movement for Lululemon Athletica's stock price. Additionally, the maintained positive ratings and price targets from B of A Securities and TD Cowen further support this outlook.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100