Jefferies Maintains Hold on Lulus Fashion Lounge, Lowers Price Target to $1.75
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Randal Konik maintains a Hold rating on Lulus Fashion Lounge (LVLU) and lowers the price target from $1.95 to $1.75.

March 07, 2024 | 6:43 pm
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Jefferies analyst Randal Konik maintains a Hold rating on Lulus Fashion Lounge and lowers the price target from $1.95 to $1.75.
The reduction in price target by Jefferies, a reputable financial services company, could lead to negative investor sentiment towards LVLU in the short term. The Hold rating remains unchanged, indicating that the analyst sees limited upside or downside potential from the current price level. However, the lowering of the price target suggests a downward revision in the expected performance of the company, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100