lululemon athletica Reaches Analyst Target Price
November 13, 2017 at 09:23 AM EST
In recent trading, shares of lululemon athletica inc (LULU) have crossed above the average analyst 12-month target price of $64.48, changing hands for $64.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..