Baird Downgrades Lulus Fashion Lounge to Neutral, Lowers Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Baird analyst Mark Altschwager has downgraded Lulus Fashion Lounge (NASDAQ:LVLU) from Outperform to Neutral and lowered the price target from $4 to $3.
August 09, 2023 | 9:18 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Lulus Fashion Lounge's stock rating has been downgraded to Neutral from Outperform by Baird, with a lowered price target of $3.
The downgrade of Lulus Fashion Lounge by Baird from Outperform to Neutral, along with a reduction in the price target, indicates a less optimistic outlook for the company's stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100