The reduction in price target by a prominent analyst like Ike Boruchow from Wells Fargo could lead to a negative short-term sentiment among investors, potentially causing a decrease in Lululemon Athletica's stock price. The Equal-Weight rating indicates that the analyst does not see significant upside or downside from the current level, but the lowered price target suggests a recalibration of expected performance, which could be interpreted negatively by the market.