Deutsche Bank Reinstates Hold on Lululemon Athletica, Announces $357 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Krisztina Katai has reinstated a Hold rating on Lululemon Athletica (NASDAQ:LULU) and set a price target of $357.
June 13, 2024 | 9:21 am
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NEUTRAL IMPACT
Deutsche Bank has reinstated a Hold rating on Lululemon Athletica with a price target of $357. This suggests a neutral outlook for the stock in the short term.
The Hold rating indicates that Deutsche Bank does not see significant upside or downside potential for Lululemon Athletica in the near term. The price target of $357 suggests that the stock is fairly valued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100