Lululemon's E-Commerce Game Helps Sales

Lululemon reported quarterly earnings that beat Wall Street estimates. The athleisure retailer has outperformed in e-commerce sales, which should help the company reach its goal of hitting $4 billion in total sales by 2022. A Credit Suisse analyst raised its price target to $98 per share. The athleisure company's e-commerce game is part of the reason why it reported an earnings beat for the fourth quarter of 2017, and also a reason why analysts are optimistic about its prospects.