Lululemon Athletica's US Sales Recover, Trends Could Accelerate This Quarter, Says Bullish Analyst
1. LULU experienced U.S. sales slowdown but demand is recovering. 2. Analyst upgraded LULU from Hold to Buy with $475 target. 3. December shows strong store traffic and lean inventory levels. 4. LULU's sales growth guidance indicates potential for upside. 5. Stock still below valuation levels, suggesting possible multiple expansion.