lululemon athletica (LULU) Tops Q1 EPS by 5c; Guides Higher
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Lululemon Athletica Inc. (LULU) PT Raised to $505 at Cowen
June 3, 2022 7:52 AM EDTCowen analyst John Kernan raised the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $505.00 (from $497.00) while maintaining a Outperform rating.
The analyst commented, "Revenue +32%, with comparable sales +28%, shows the brand's momentum continues and TAM is widening (footwear, golf, tennis, hiking).... More
