Barclays Maintains Overweight on Lululemon Athletica, Raises Price Target to $530
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has maintained an Overweight rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $480 to $530.
December 08, 2023 | 11:20 am
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Barclays analyst Adrienne Yih reaffirmed an Overweight rating on Lululemon Athletica and raised the price target to $530.
The increase in price target by a reputable analyst like Adrienne Yih suggests a positive outlook on Lululemon Athletica's stock, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100