Lululemon Athletica Inc (NASDAQ:LULU) shares rallied on Friday, after the company on Thursday reported upbeat third-quarter earnings.
• Lululemon Athletica shares are climbing with conviction. What’s behind LULU gains?
Here are some key analyst takeaways:
- BofA Securities analyst Lorraine Hutchinson maintained a Neutral rating, while raising the price target from $185 to $220.
- Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating, while lifting the price target from $200 to $215.
- BTIG analyst Janine Stichter reaffirmed a Buy rating and price target of $303.
Check out other analyst stock ratings.
BofA Securities: Lululemon Athletica reported higher-than-expected earnings of $2.59 per share, Hutchinson said in a note. She added, however, that the estimates for 2025 remain unchanged as the beat is offset by higher spending in the fourth quarter …