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Wall Street Expects Lululemon Stock to Fall 12%

Sonya Bells
Wall Street Expects Lululemon Stock to Fall 12%

Lululemon Athletica’s (LULU) recent stock price rally has led to a series of target price revisions by Wall Street in May: Stifel increased its price target from $81 to $97. Suntrust Robinson raised it from $95 to $114. JP Morgan raised it from $107 to $111. Deutsche Bank raised it from $96 to $104.