TD Cowen analyst John Kernan raised the firm’s price target on Lululemon (LULU) to $421 from $383 and keeps a Buy rating on the shares. The firm said Holiday is on plan and management is confident on gross margin into Q4 and FY25. Cowen has confidence in its FY25 and FY26 EPS.
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Read More on LULU:
- Lululemon price target raised to $440 from $380 at Baird
- Lululemon price target raised to $360 from $325 at Bernstein
- Lululemon price target raised to $414 from $345 at Morgan Stanley
- Lululemon price target raised to $340 from $260 at Piper Sandler
- Lululemon price target raised to $360 from $315 at UBS