TD Cowen Maintains Buy on Lululemon Athletica, Lowers Price Target to $420
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Buy rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $447 to $420.
July 25, 2024 | 7:13 pm
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TD Cowen analyst John Kernan maintains a Buy rating on Lululemon Athletica but lowers the price target from $447 to $420.
The Buy 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