Susquehanna Initiates Lululemon Athletica At Positive

Analysts at Susquehanna initiated coverage on Lululemon Athletica LULU with a Positive rating. The target price for Lululemon Athletica is set to $49. Lululemon Athletica shares have dropped 44.51% over the past 52 weeks, while the S&P 500 index has gained 16.87% in the same period. Lululemon Athletica's shares gained 0.71% to close at $39.45 yesterday.