Goldman Sachs Adds Lululemon Athletica (LULU) to Conviction Buy List; Sees 37% Upside

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Goldman Sachs added Lululemon Athletica Inc. (NASDAQ: LULU) to its Conviction Buy List with a price target of $64, suggesting 37% upside.

The firm said LULU is: one of the most compelling growth stories in retail, with continuing brand momentum and; controversy surrounding implications of higher inventory has created an more attractive entry point

For an analyst ratings summary and ratings history on Lululemon Athletica Inc. click here. For more ratings news on Lululemon Athletica Inc. click here.

Shares of Lululemon Athletica Inc. closed at $47.03 yesterday, with a 52 week range of $41.70-$123.84.

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