"The Lululemon (LULU) brand seems to be doing really well and is outpacing retail and apparel sales. I haven't seen any major fruit borne by mirror yet so that remains to be seen," says Sucharita Kodali. Wedbush has an outperform rating on the LULU stock with a $430 price target. "Lululemon is a resilient name amid ongoing macro uncertainty that will benefit from the second quarter from belt bag going viral," Tom Nikic adds.
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