Seeking Alpha

Citigroup takes a shine to Lululemon

  • Citigroup initiates coverage on Lululemon (LULU) with a Buy rating.
  • Analysts with the firm set a $90 price target on shares as they gush about the power of the Lululemon brand.
  • The company releases Q2 financial results on Thursday and an announcement on a new CEO is expected within weeks.
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