Evercore ISI Group Initiates Coverage On Lululemon Athletica with Outperform Rating, Announces Price Target of $475
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Binetti has initiated coverage on Lululemon Athletica (NASDAQ:LULU) with an Outperform rating and a price target of $475.
November 07, 2023 | 10:20 am
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Lululemon Athletica has been given an Outperform rating by Evercore ISI Group, with a price target of $475.
The Outperform rating from Evercore ISI Group indicates that they expect Lululemon Athletica's stock to do better than the market average. This, combined with the high price target of $475, suggests a positive outlook for the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100