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Morgan Stanley keeps Lululemon at Underweight, cuts price target

Morgan Stanley maintained Lululemon Athletica Inc. at Underweight and cut its price target to $83.00 per share from $93.00.

LULU

Ratings actions from Baystreet: GMT) Lululemon Athletica Inc.

Price Target Cut to $83.00/Share From $93.00 by Morgan StanleyRatings actions from Baystreet