Wall Street rising: Facebook, Alphabet, Lululemon gain
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December 7, 2017 12:50 PM EST
Oppenheimer raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $75.00 (from $68.00) while maintaining a Outperform rating. LULU's full-year expectations are now above original '17 guide (EPS 6-7% higher at the mid-point); strong momentum continues into 4Q17, with positive US store traffic... More
December 7, 2017 12:43 PM EST
Oppenheimer raised its price target on Broadcom Limited (NASDAQ: AVGO) to $315.00 (from $300.00) while maintaining a Outperform rating following the company's 4Q earnings report. AVGO reported results of $4.85B/$4.59, above the Street's estimates of $4.83B/$4.52. 1Q guidance of $5.3B was well ahead of... More
December 7, 2017 8:21 AM EST
Susquehanna raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $85.00 (from $71.00) while maintaining a Positive rating following the company's 3Q. 3Q17 results handily beat Street expectations and momentum continues into 4Q17. SSS increased 8% vs. MSD guidance, gross margins expanded 110 bps vs. flat... More
December 7, 2017 8:15 AM EST
Bernstein raised its price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $70.00 (from $67.00) while maintaining a Market Perform rating following Q3 results.
Analyst Jamie Merriman raised EPS forecast by 1.9% and 4.5% in 2017 and 2018, respectively, to $2.49 and $2.89.
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