Keybanc Maintains Overweight on Lululemon Athletica, Raises Price Target to $570
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Noah Zatzkin has maintained an Overweight rating on Lululemon Athletica (NASDAQ:LULU) and increased the price target from $500 to $570.
January 12, 2024 | 9:39 am
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Keybanc analyst Noah Zatzkin has reaffirmed Lululemon Athletica's Overweight rating and raised the price target to $570, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, suggesting that the company's performance and growth prospects are strong. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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