Goldman Sachs Maintains Buy on Lululemon Athletica, Lowers Price Target to $463
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Buy rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $521 to $463.
May 24, 2024 | 12:17 pm
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NEUTRAL IMPACT
Goldman Sachs analyst Brooke Roach maintains a Buy rating on Lululemon Athletica but lowers the price target from $521 to $463.
The Buy rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100