JP Morgan Maintains Overweight on Lululemon Athletica, Lowers Price Target to $338
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 $457 to $338.
July 25, 2024 | 4:11 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JP Morgan analyst Matthew Boss maintains an Overweight rating on Lululemon Athletica but lowers the price target from $457 to $338.
The Overweight rating suggests a positive outlook, but the significant reduction in the price target indicates concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100