Telsey Advisory Group Maintains Outperform on Lululemon Athletica, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained an Outperform rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $450 to $520.
December 08, 2023 | 10:31 am
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Telsey Advisory Group has reaffirmed their Outperform rating on Lululemon Athletica and raised their price target to $520, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Telsey Advisory Group typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100