Shares of Lululemon Athletica Inc (NASDAQ: LULU) spiked in early trading on Friday, after the Vancouver, Canada-based company reported its second-quarter results.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release.
- Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating, while raising the price target from $430 to $450.
- BMO Capital Markets analyst Simeon Siegel reiterated a Market Perform rating, while lifting the price target from $355 to $376.
- KeyBanc Capital Markets analyst Ashley Owens maintained an Outperform rating, while raising the price target from $425 to $450.
- Raymond James analyst Rick Patel reiterated a Buy rating, while raising the price target from $438 to $440.
- Guggenheim Securities analyst Robert Drbul reaffirmed a Buy rating and price target of $440.
Check out other analyst stock ratings.
Telsey Advisory Group: Lululemon Athletica delivered an earnings ...