Baird Maintains Outperform on Lululemon Athletica, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Lululemon Athletica (NASDAQ:LULU) but lowers the price target from $470 to $350.

July 31, 2024 | 12:24 pm
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NEUTRAL IMPACT
Baird analyst Mark Altschwager maintains an Outperform rating on Lululemon Athletica but lowers the price target from $470 to $350.
The Outperform rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100