Lululemon Athletica (LULU) Stock: Bank of America Raises Price Target on Earnings Beat

TLDR Lululemon beat earnings expectations by $0.38 per share in its latest quarterly report Revenue came in above analyst estimates for the period Bank of America Securities raised its price target from $185 to $220 The new target represents a 19% increase from BofA’s previous forecast Both top and bottom line results exceeded Wall Street [...]

The post Lululemon Athletica (LULU) Stock: Bank of America Raises Price Target on Earnings Beat appeared first on Blockonomi.