Strong China Sales and Holiday Demand Drive Record Gains
With the company raising its annual projections, indicating strong holiday demand and boosting investor confidence, Lululemon Athletica (NASDAQ:LULU) shares rose over 15% on Friday, and more than 25% in the past five days. The excellent quarterly performance of the athleisure retailer has inspired at least 17 brokerages to raise their pricing targets. Lululemon Soars 15%:…