Stifel Maintains Buy on Lululemon Athletica, Lowers Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy maintains a Buy rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $539 to $410.
May 28, 2024 | 5:55 pm
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NEUTRAL IMPACT
Stifel analyst Jim Duffy maintains a Buy rating on Lululemon Athletica but lowers the price target from $539 to $410.
The Buy rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100