Telsey Advisory Group Downgrades Lulus Fashion Lounge to Market Perform, Lowers Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has downgraded Lulus Fashion Lounge (NASDAQ:LVLU) from Outperform to Market Perform and lowered the price target from $4 to $3.
July 26, 2023 | 9:18 am
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Lulus Fashion Lounge (NASDAQ:LVLU) has been downgraded to Market Perform by Telsey Advisory Group, with a lowered price target of $3.
The downgrade from Outperform to Market Perform by Telsey Advisory Group indicates a less optimistic outlook for Lulus Fashion Lounge. The lowering of the price target from $4 to $3 also suggests that the analyst believes the stock may underperform in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100