Truist Securities Maintains Buy on Lululemon Athletica, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Lululemon Athletica (NASDAQ:LULU) but has lowered the price target from $415 to $310.

July 26, 2024 | 1:09 pm
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Truist Securities has maintained its Buy rating on Lululemon Athletica but has lowered the price target from $415 to $310.
The Buy rating suggests continued confidence in Lululemon's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100