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HomeBusinessLululemon Athletica’s Strong Buy Rating Reiterated at Raymond James

Lululemon Athletica’s Strong Buy Rating Reiterated at Raymond James

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Raymond James analysts reaffirmed their Strong Buy rating on Lululemon Athletica (NASDAQ:LULU) and maintained a price target of $440.00.
The analysts’ assessment highlighted Lululemon’s status as one of the highest-quality companies in the global brand landscape. They recognize Lululemon as a robust and still-evolving brand with substantial growth opportunities.
The analysts pointed out that Lululemon boasts one of the highest growth rates compared to its peers as it continues to expand its core business and diversify across various geographies, categories, and sales channels. Additionally, the company’s operating margins rank among the highest for global brands, and the analysts believe there is room for further expansion, driven by strong revenue growth, which should lead to earnings-per-share (EPS) growth surpassing revenue growth.

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