Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday.
Lululemon Athletica beat first-quarter expectations, leading to positive analyst reactions. BofA Securities raised the price target to $440, highlighting strong sales growth and robust international performance. Wedbush noted potential for domestic improvement through innovation. J.P. Morgan emphasized LULU's international growth and e-commerce expansion. Telsey Advisory Group acknowledged improved inventory and innovation as key to overcoming domestic challenges.