Jefferies Reiterates Underperform on Lululemon Athletica, Maintains $300 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Randal Konik reiterated an Underperform rating on Lululemon Athletica (NASDAQ:LULU) and maintained a $300 price target.
March 22, 2024 | 5:29 pm
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Jefferies analyst Randal Konik reiterated an Underperform rating on Lululemon Athletica with a $300 price target.
The reiteration of the Underperform rating by a prominent analyst could lead to negative sentiment among investors, potentially impacting Lululemon Athletica's stock price in the short term. The maintained price target of $300 suggests the analyst sees limited upside potential or possible downside from the current trading level, further contributing to the negative outlook.
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