BMO Capital Maintains Market Perform on Lululemon Athletica, Raises Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on Lululemon Athletica (NASDAQ:LULU) and raises the price target from $408 to $420.
March 22, 2024 | 1:12 pm
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BMO Capital maintains a Market Perform rating on Lululemon Athletica and raises the price target from $408 to $420.
The increase in price target by BMO Capital suggests a positive outlook on Lululemon Athletica's stock performance in the short term. This adjustment reflects an analyst's confidence in the company's ability to perform at or above market expectations, potentially leading to a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90