Behind the Scenes of Lululemon Athletica's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Investors have shown a bullish stance on Lululemon Athletica (NASDAQ:LULU) with significant options trading activity. Benzinga's options scanner identified 12 uncommon options trades, with a mix of bullish and bearish sentiments. Analysts have set an average price target of $430.2 for LULU, with ratings ranging from Buy to Market Perform.
June 21, 2024 | 5:01 pm
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POSITIVE IMPACT
Lululemon Athletica has seen significant options trading activity, with a mix of bullish and bearish sentiments. Analysts have set an average price target of $430.2, with ratings ranging from Buy to Market Perform.
The significant options trading activity, combined with mostly positive analyst ratings and a high average price target, suggests a bullish short-term outlook for LULU. The mix of bullish and bearish sentiments in options trading indicates some uncertainty, but the overall trend appears positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100