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How Wall Street Reacted to Lululemon’s First-Quarter Results

How Wall Street Reacted to Lululemon’s First-Quarter Results

Wall Street was quick to respond to Lululemon Athletica’s (LULU) strong performance in the first quarter of 2018. At least 14 investment firms raised their target prices for the company. The stock prices of competitors Nike (NKE) and Under Armour (UAA) are also expected to fall.