Lululemon Athletica (LULU) Stock: $441 Price Target And Overweight Rating

Apr 4th, 2022 10:43 EST
  • The shares of Lululemon Athletica Inc (NASDAQ: LULU) have received a $441 price target from Barclays. These are the details.

The shares of Lululemon Athletica Inc (NASDAQ: LULU) have received a $441 price target from Barclays. And Barclays analyst Adrienne Yih increased the price target on Lululemon from $410 while maintaining an “Overweight” rating on the shares.

Yih adjusted the rating following Lululemon’s fourth-quarter results. And the outlook for fiscal 2022 was ahead of expectations driven by solid sales growth and notably higher Q1 as the company offsets cost inflation on stronger sales and fixed cost leverage.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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