Piper Sandler Maintains Overweight on Lululemon Athletica, Raises Price Target to $445
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Abbie Zvejnieks maintains an Overweight rating on Lululemon Athletica (NASDAQ:LULU) and raises the price target from $390 to $445.
June 02, 2023 | 1:06 pm
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Piper Sandler maintains an Overweight rating on Lululemon Athletica and raises the price target from $390 to $445.
The news of Piper Sandler maintaining an Overweight rating and raising the price target for Lululemon Athletica (LULU) is positive for the stock. This indicates that the analyst believes the stock will outperform the market, and the higher price target suggests an increased potential for upside. This is likely to have a positive short-term impact on LULU's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100