Truist keeps a Buy rating and $561 price target on Lululemon ahead of its Q4 results this week as part of a broader research note previewing earnings for Softlines. The company continues to benefit from leading brand heat, customer loyalty, and international momentum, and while U.S. trends appear to have decelerated in Q1 against tough comparisons, this has largely been priced in to the stock, the analyst tells investors in a research note.
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