Oppenheimer Maintains Outperform on Lululemon Athletica, Maintains $445 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel maintains an Outperform rating on Lululemon Athletica (NASDAQ:LULU) with a $445 price target.
June 06, 2024 | 2:33 pm
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Oppenheimer analyst Brian Nagel has reiterated an Outperform rating for Lululemon Athletica, maintaining a price target of $445. This suggests continued confidence in the company's performance and potential for stock price appreciation.
The reaffirmation of an Outperform rating and a high price target of $445 by a reputable analyst like Brian Nagel from Oppenheimer indicates strong confidence in Lululemon's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100