Lululemon Athletica Inc. (LULU) PT Raised to $97 at Susquehanna; 'Exceptional' Results
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Price: $105.43 -5.67%
Rating Summary:
13 Buy, 36 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
13 Buy, 36 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Susquehanna raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $97.00 (from $93.00) while maintaining a Positive rating.
Analyst Sam Poser commented, "The 4Q17 print yesterday was exceptional, even surpassing preannounced upside. LULU is taking its business to the next level as much improved processes and product flow/assortments have caught up with best-in-class customer engagement. We expect LULU to sustain momentum throughout 2018 and beyond."
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