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Closing Bell: As Good As It Gets? 6/2/23

Closing Bell

00:00

Lulu: A Strong Quarter

BMO's Simeon Siegel raised his price target on Lulu to $355 from $340. "Around the globe and every market we're in double digit growth, not just here in North America, but in every international market," he said. The stock is now back to where it was about a month ago; can it get better? He thinks what we saw was a clean, healthy, strong quarter that appears very much priced into the stock.

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