JPMorgan Chase upgraded its rating on shares of Lululemon Athletica Inc. (LULU) Friday morning to "Overweight" from "Neutral."
Lululemon Athletica gapped up at the open Friday and posted gains in the first half hour of trade. The stock traded in a narrow range for the remainder of the session and finished higher by 2.44 at $66.20. Lululemon Athletica rose above a week and a half long range and set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News