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December 7, 2012
09:02 EDTLULUlululemon shares should be bought by long-term investors, says Sterne Agee
After lululemon provided lower than expected Q4 EPS guidance, Sterne Agee thinks the company is a best in class retailer with long-term growth opportunities beyond North America. The firm maintains an $85 price target and Buy rating on the stock.
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