Oppenheimer Reiterates Outperform on Lululemon Athletica, Lowers Price Target to $445
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel has reiterated an Outperform rating on Lululemon Athletica (NASDAQ:LULU), while lowering the price target from $540 to $445.

April 05, 2024 | 1:17 pm
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Oppenheimer analyst reiterates Outperform rating on Lululemon Athletica but lowers price target from $540 to $445.
While the reiteration of an Outperform rating suggests continued confidence in Lululemon Athletica's business and growth prospects, the reduction in the price target could reflect adjustments in market conditions or expectations that might slightly temper investor enthusiasm in the short term. However, the overall positive outlook remains intact.
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