Raymond James Maintains Outperform on Lululemon Athletica, Raises Price Target to $520
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel has reaffirmed an Outperform rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $495 to $520.
January 10, 2024 | 12:40 pm
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Raymond James analyst Rick Patel has raised the price target for Lululemon Athletica from $495 to $520 while maintaining an Outperform rating.
The increase in price target by Raymond James is a positive signal to investors, suggesting a bullish outlook on Lululemon Athletica's stock. This could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 85
RELEVANCE 100