Stifel Maintains Buy on Lululemon Athletica, Raises Price Target to $596
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has reaffirmed a Buy rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $529 to $596, indicating a positive outlook on the company's stock.
December 14, 2023 | 2:22 pm
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Stifel analyst Jim Duffy maintains a Buy rating on Lululemon Athletica and raises the price target from $529 to $596, suggesting a strong bullish stance on the stock.
The increase in price target by Stifel reflects a positive assessment of Lululemon's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100