The Latest Breaking News from Lululemon

The wellness industry’s strong growth is driven by the growing consumer awareness and health consciousness among consumers. Amid this backdrop, it could be wise to keep track of wellness stocks Lululemon Athletica (LULU), Garmin (GRMN), and Peloton Interactive (PTON), which might benefit from the fitness wave. Continue reading.

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Lululemon has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.

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Providing a diverse range of perspectives from bullish to bearish, 20 analysts have published ratings on Lululemon Athletica (NASDAQ:LULU) in the last three months.

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The S&P 500 also closed at its highest level ever, while the Dow Jones Industrial Average was pressured by another down day for UnitedHealth stock.

Analysts raise Lululemon's price targets, citing strong Q3 results, international growth, product innovation, and future expansion opportunities.

The athletic clothing brand said revenue grew to $2.4 billion, beating industry estimates