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'Stand-Out Is An Understatement,' Morgan Stanley Comments On Lululemon Athletica's Q2 Performance
Friday, September 2, 2022 - 12:51pm | 243Morgan Stanley analyst Alex Straton reiterated an Overweight rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU) and raised the price target to $343 from $315. The company's Q2 earnings and Q3 guidance both were above Street expectations. Straton...
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Why Lululemon Athletica Is Trading Higher By 11%, Here Are 36 Stocks Moving In Friday's Mid-Day Session
Friday, September 2, 2022 - 12:18pm | 1225Gainers NewAge, Inc. (NASDAQ: NBEV) shares climbed 61.3% to $0.1972 on continued volatility after the company recently announced it filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code. The stock is rebounding after trading lower on Thursday. PaxMedica, Inc...
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NVIDIA To $170; Also Check Out Some Other Major PT Changes
Friday, September 2, 2022 - 10:15am | 331Needham cut the price target on NVIDIA Corporation (NASDAQ: NVDA) from $185 to $170. Needham analyst Rajvindra Gill maintained the stock with a Buy. NVIDIA shares fell 0.1% to trade at $139.32 on Friday. NVIDIA shares dropped 7.7% on Thursday after the company said its China sales are being...
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These Analysts Boost Price Targets On Lululemon After Upbeat Q2 Results, Shares Jump
Friday, September 2, 2022 - 8:06am | 227Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected results for its second quarter and boosted its annual projections. For the full fiscal year, Lululemon sees revenue hitting $7.865 billion to $7.940 billion, which represents a three-year compounded annual growth rate of 26%....
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HashiCorp, Pagerduty, Lululemon And Some Other Big Stocks Moving Higher In Today's Pre-Market Session
Friday, September 2, 2022 - 7:53am | 373Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) surged 13.5% to $19.25 in pre-market trading. A consortium led by Hollysys Automation’s management is looking to take the US-listed company private in a deal valuing the company at $1.8 billion, Reuters reported. HashiCorp, Inc. (NASDAQ:...
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Tesla To $360? Here Are 5 Other Price Target Changes For Friday
Friday, September 2, 2022 - 7:34am | 300Piper Sandler raised the price target on Tesla, Inc. (NASDAQ: TSLA) from $344 to $360. Piper Sandler analyst Alexander Potter maintained an Overweight rating on the stock. Tesla shares rose 0.3% to $277.98 in pre-market trading. Rosenblatt cut Ciena Corporation (NYSE: CIEN) price target from $...
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Broadcom, Lululemon Athletica And 3 Stocks To Watch Heading Into Friday
Friday, September 2, 2022 - 4:05am | 277With US stock futures trading slightly lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Lululemon Athletica Inc. (NASDAQ: LULU) reported better-than-expected results for its second quarter and boosted its annual projections. Lululemon shares...
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Hormel Foods, Campbell Soup And 3 Stocks To Watch Heading Into Thursday
Thursday, September 1, 2022 - 4:08am | 279With US stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Hormel Foods Corporation (NYSE: HRL) to report quarterly earnings at $0.41 per share on revenue of $2.98 billion before the opening bell. Hormel...
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Fear & Greed Index Drops Further As US Stocks Record Losses For Fourth Straight Session
Thursday, September 1, 2022 - 3:49am | 376The CNN Money Fear and Greed index moved slightly lower, but still remained in the "neutral" zone after U.S. stocks recorded losses for the fourth session in a row. All the three major indices notched their weakest August performance since 2015 following Jerome Powell’s comments at...
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Tuesday's Market Minute: Lululemon's Stretched Expectations Into 2Q Report Thursday
Tuesday, August 30, 2022 - 10:01am | 435In a quick two decades, Lululemon (NASDAQ: LULU) has transformed itself from a standalone Canadian yoga store to one of the world’s most recognized fitness brands with its well-loved omega-resembling logo depicting all that is trendy in the apparel industry. During the five-year period from...
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McDonald's Gets A Price Target Boost By This Analyst; Also Check Out Some Other Major PT Changes
Tuesday, August 30, 2022 - 8:21am | 319Tigress Financial raised the price target on McDonald's Corporation (NYSE: MCD) from $314 to $320. Tigress Financial analyst Ivan Feinseth maintained a Buy rating on the stock. McDonald's shares rose 0.3% to $256.44 in pre-market trading. RBC Capital cut SelectQuote, Inc. (NYSE: SLQT)...
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Dow Drops 1,000 Points On Powell's Hawkish Talk
Monday, August 29, 2022 - 6:50am | 1115(Friday Market Close) Federal Reserve Chairman Jerome Powell opened the day at the Fed’s Jackson Hole Economic Symposium with a speech that reiterated the Fed’s commitment to attacking inflation even if it causes the economy to slow and unemployment to rise. He expressed the...
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Read Why Jefferies Downgraded This Athletic Apparel Retailer
Monday, July 11, 2022 - 1:43pm | 138Jefferies analyst Randal Konik downgraded Lululemon Athletica Inc (NASDAQ: LULU) to Underperform from Hold and reduced the price target to $200 from $375, implying a 29% downside. Konik sees risks to Lululemon's consensus estimates amidst rising competition and...
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Lululemon Athletica Enters New Market In Europe: Check Out Where
Tuesday, July 5, 2022 - 2:34pm | 171Lululemon Athletica Inc (NASDAQ: LULU) is planning to launch in Spain by opening stores in Madrid and Barcelona. It will also launch a local e-commerce site in Spain. The company enters Spain as the first new market in Europe since 2019. In September, lululemon will open its...
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Lululemon, H&M Group Contribute To $250M Fashion Climate Fund
Wednesday, June 8, 2022 - 12:40pm | 203Non-profit group Apparel Impact Institute said apparel retailers Lululemon Athletica Inc (NASDAQ: LULU) and Hennes & Mauritz AB (OTC: HMRZF) were among the lead funders for the new $250 million Fashion Climate Fund. The $250 million funds will be used to...