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BMO Capital Reiterates Market Perform Rating on Lululemon Athletica Inc. (LULU) Following Announced MIRROR Acquisition

June 30, 2020 7:31 AM EDT

BMO Capital analyst Simeon Siegel reiterated a Market Perform rating and $192.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's announced acquisition of in-home fitness company MIRROR, for $500mn. MIRROR will operate as a standalone company following the transaction, with CEO Brynn... More