Truist Securities Maintains Buy on Lululemon Athletica, Raises Price Target to $561-Report Released on 8 January 2024
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has reaffirmed a Buy rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $555 to $561.
January 09, 2024 | 7:38 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Truist Securities analyst Scot Ciccarelli maintains a Buy rating on Lululemon Athletica and raises the price target to $561.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst like Scot Ciccarelli could lead to positive investor sentiment and a potential short-term increase in Lululemon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100