Telsey Advisory Group Maintains Outperform on Lululemon Athletica, Lowers Price Target to $470
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained its 'Outperform' rating on Lululemon Athletica (NASDAQ:LULU) but has lowered the price target from $550 to $470.
June 06, 2024 | 12:36 pm
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Telsey Advisory Group has maintained its 'Outperform' rating on Lululemon Athletica but has lowered the price target from $550 to $470.
The 'Outperform' 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.
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