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Monday’s analyst upgrades and downgrades [Toronto Globe and Mail (Ontario, Canada)]

lululemon athletica, Inc (LULU)  More Company Research Source: Toronto Globe and Mail
Last lululemon athletica, inc earnings: 12/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
PDF Inside the Market’s roundup of some of today’s key analyst actions Lululemon Athletica Inc. ’s ( LULU-Q ) “industry-leading momentum” is likely sustainable through the second half of the year and into 2019, according to Wells Fargo analyst Ike Boruchow. Undeterred by a 96-per-cent jump in its share price year-to-date, Mr. Boruchow upgraded his rating for the Vancouver-based company to “outperform” from “market perform,” seeing “meaningful beats/upward revisions ahead in the wake of corrections to its supply chain and digital channels, which he saw as two operational overhangs. Story continues below advertisement Emphasizing a favourable macro environment and expecting continued strength in its “core” segments, the analyst raised his target for its stock to US$200, matching the current high on the Street, from US$144. The average target is currently US$152.21, according to Bloomberg data. ===== Despite calling it one of his “favo [Read more]

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