Truist Securities Reiterates Buy on Lululemon Athletica, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has reiterated a Buy rating on Lululemon Athletica (NASDAQ:LULU) and maintained a price target of $500.
December 05, 2023 | 2:59 pm
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Truist Securities analyst Scot Ciccarelli reaffirmed a Buy rating on Lululemon Athletica with a price target of $500, indicating a positive outlook on the stock.
The reiteration of a Buy rating and a high price target by a reputable analyst like Scot Ciccarelli can lead to increased investor confidence and a potential short-term uplift in Lululemon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100