Citigroup Maintains Buy on Lululemon Athletica, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has reaffirmed a Buy rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $450 to $520.
December 01, 2023 | 11:52 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Paul Lejuez has maintained a Buy rating on Lululemon Athletica and raised the price target to $520, indicating a positive outlook on the stock.
The increase in price target by Citigroup reflects a strong vote of confidence in Lululemon Athletica's future performance. This endorsement from a major financial institution could lead to increased investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100