Barclays Maintains Overweight on Lululemon Athletica, Raises Price Target to $480
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has maintained an Overweight rating on Lululemon Athletica (NASDAQ:LULU) and raised the price target from $430 to $480.
September 01, 2023 | 1:43 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Lululemon Athletica and raised the price target from $430 to $480, which could positively impact the stock.
The Overweight rating maintained by Barclays indicates a positive outlook for Lululemon Athletica. The increase in price target from $430 to $480 suggests that the analyst believes the stock has potential for further growth, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100