Citigroup Maintains Buy on Lululemon Athletica, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Buy rating on Lululemon Athletica (NASDAQ:LULU) and raises the price target from $440 to $450.
June 05, 2023 | 10:19 am
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Citigroup analyst Paul Lejuez maintains a Buy rating on Lululemon Athletica and raises the price target from $440 to $450.
The news of Citigroup maintaining a Buy rating and raising the price target for Lululemon Athletica is positive for the company's stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. The raised price target also suggests that the analyst sees an upside potential for the stock, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100