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Aljian Capital Management boosted Lululemon holdings as the company reported a 7.3% revenue rise to $2.37 billion.
Aljian Capital Management increased its holdings in Lululemon Athletica by 14.5%, while other investors like the Bessemer Group and Perpetual Ltd. reduced their shares.
Lululemon reported a 7.3% rise in revenue to $2.37 billion and met earnings expectations at $2.60 per share.
Analysts expect the company to post $14.36 EPS for the year.
The stock has a "Moderate Buy" rating with a target price of $340.26.
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Aljian Capital Management aumentó las participaciones de Lululemon, ya que la compañía informó un aumento del 7.3% en los ingresos a $ 2.37 mil millones.