B of A Securities Maintains Buy on Lululemon Athletica, Lowers Price Target to $430
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $530 to $430.

May 23, 2024 | 4:48 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Lululemon Athletica but lowers the price target from $530 to $430, indicating a positive outlook with some caution.
The Buy rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates some caution about future growth or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100