Needham Reiterates Buy on Lululemon Athletica, Maintains $525 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Anna Andreeva has reiterated a Buy rating on Lululemon Athletica (NASDAQ:LULU) and maintained a $525 price target.
February 20, 2024 | 10:39 am
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Needham analyst Anna Andreeva reiterates a Buy rating on Lululemon Athletica with a $525 price target.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Anna Andreeva from Needham is likely to instill confidence among investors and could lead to a positive short-term impact on Lululemon Athletica's stock price. The specific mention of a $525 price target suggests a significant upside potential from current levels, further underlining the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100