Lululemon projects upbeat 2023 on strong demand, easing inventory

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Go back to Lululemon projects upbeat 2023 on strong demand, easing inventory

JPMorgan Adding Lululemon Athletica Inc. (LULU) to Analyst Focus List

March 29, 2023 5:54 AM EDT

JPMorgan analyst Matthew Boss reiterated an Overweight rating and $430.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)

The analyst comments "LULU reported 4Q adj. EPS of $4.40 (> Street $4.26) with upside driven across every line item: (i) +30% revenue y/y (> Street +27%) representing... More

Citi Upgrades Lululemon Athletica Inc. (LULU) to Buy

March 29, 2023 5:34 AM EDT

Citi analyst Paul Lejuez upgraded Lululemon Athletica Inc. (NASDAQ: LULU) from Neutral to Buy with a price target of $440.00 (from $350.00).

The analyst comments "We are upgrading shares from Neutral to Buy and raising our TP from $350 to $440. While we liked the stock... More