JP Morgan Maintains Overweight on Lululemon Athletica, Lowers Price Target to $457
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $509 to $457.
June 06, 2024 | 3:02 pm
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NEUTRAL IMPACT
JP Morgan analyst Matthew Boss maintains an Overweight rating on Lululemon Athletica but lowers the price target from $509 to $457.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100