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Jefferies enters the debate on Lululemon (LULU) with resumed coverage of the retailer at Hold...

Jefferies enters the debate on Lululemon (LULU) with resumed coverage of the retailer at Hold and a $64 price target. Analyst Randal Konik says valuation is tapped out and margin comps in upcoming quarters look tough. LULU +0.3% premarket.
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