NYSEARCA:BUL - NYSE Arca - US69374H6678 - ETF - Currency: USD
Lorraine Hutchinson, BofA Securities analyst, reiterated a Buy rating for LULU with a $355 price target. Data shows strong sales in China, reinforcing confidence in LULU's growth potential. China plays a key role in LULU's long-term plan for international revenue growth.
Fortive Corporation shares fell after reporting lower Q3 results. Revenue grew 3% Y/Y but missed consensus. Adjusted operating margin increased and EPS beat expectations.