Barclays raised the firm’s price target on Lululemon (LULU) to $378 from $261 and keeps an Equal Weight rating on the shares post the Q3 report. The company reported upside to Q3, beating on comp sales, gross margin, operating margin and earnings, the analyst tells investors in a research note. The firm says the Q4 guidance was “tempered modestly leaving room for upside.”
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Read More on LULU:
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