Goldman Sachs Maintains Neutral on Lulus Fashion Lounge, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach maintains a Neutral rating on Lulus Fashion Lounge (NASDAQ:LVLU) but lowers the price target from $1.25 to $1.

August 05, 2024 | 12:15 pm
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Goldman Sachs analyst Brooke Roach maintains a Neutral rating on Lulus Fashion Lounge (NASDAQ:LVLU) but lowers the price target from $1.25 to $1.
The lowered price target from $1.25 to $1 by a major financial institution like Goldman Sachs suggests a negative outlook on the stock's short-term performance. This is likely to put downward pressure on LVLU's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100