UBS Maintains Neutral Rating for Lululemon Athletica: Here's What You Need To Know

UBS has decided to maintain its Neutral rating of Lululemon Athletica LULU and raise its price target from $335.00 to $399.00.

Shares of Lululemon Athletica are trading up 0.44% over the last 24 hours, at $365.78 per share.

A move to $399.00 would account for a 9.08% increase from the current share price.

About Lululemon Athletica

Lululemon Athletica Inc. designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 600 company-owned stores in 18 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.