Baird Maintains Outperform on Lululemon Athletica, Lowers Price Target to $470
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $505 to $470.
July 03, 2024 | 11:12 am
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Baird analyst Mark Altschwager maintains an Outperform rating on Lululemon Athletica but lowers the price target from $505 to $470.
The Outperform rating suggests continued confidence in Lululemon's performance, 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 70
RELEVANCE 100