BTIG Resumes Lululemon Athletica Inc. (LULU) at Buy

BTIG analyst Janine Stichter resumes coverage on Lululemon Athletica Inc. (NASDAQ: LULU) with a Buy rating and a price target of $425.00.

The analyst comments "An Opportunity to Make Lemonade from Lemons: Pullback Provides Attractive Entry for Quality Growth Story. We View Headwinds as More Temporary than Structural. Reinitiating Coverage with Buy Rating and $425 Target."

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 $349.85 yesterday.

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