This morning, JP Morgan initiated coverage on shares of Lululemon (NASDAQ:LULU) with an overweight rating as the company's growth trajectory has remained in place despite multiple issues seen this year. In the report, JP Morgan set a $84 price target. Shares of Lululemon were higher by 4.2% today.
Wells Fargo upgraded shares of Heartland Express (NASDAQ:HTLD) from market perform to outperform following the company's acquisition of Gordon Trucking. Shares of Heartland were relatively unchanged today, retaining much of the upside seen on Tuesday.
And UBS increased its price target on shares of Intuit (NASDAQ:INTU) to $84 as new products are seeing good traction with customers. With the higher price target, UBS increased its EPS estimates and reiterated its buy rating. Shares of Intuit were also flat today, trading just above $72 per share.
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