Bernstein Upgrades Lululemon Athletica to Market Perform, Raises Price Target to $366
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Aneesha Sherman has upgraded Lululemon Athletica (NASDAQ:LULU) from Underperform to Market Perform and raised the price target from $328 to $366.
September 05, 2023 | 8:40 am
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Lululemon Athletica has been upgraded to Market Perform by Bernstein, with a raised price target of $366.
The upgrade from Underperform to Market Perform by Bernstein indicates a positive change in the company's outlook. The raised price target from $328 to $366 suggests that the analyst expects the stock to perform better in the future. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100