Wedbush Reiterates Outperform on Lululemon Athletica, Maintains $415 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Tom Nikic has reiterated an Outperform rating on Lululemon Athletica (NASDAQ:LULU) and maintained a price target of $415.

August 30, 2023 | 2:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wedbush analyst maintains Outperform rating on Lululemon Athletica with a $415 price target.
The reiteration of an Outperform rating by a well-known analyst like Tom Nikic from Wedbush is a positive signal for Lululemon Athletica. The maintained price target of $415 also indicates a bullish outlook for the stock. This could potentially lead to an increase in investor confidence and a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100