UBS Maintains Neutral on Lululemon Athletica, Lowers Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Lululemon Athletica and lowers the price target from $385 to $315.
August 20, 2024 | 12:34 pm
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UBS analyst Jay Sole has maintained a Neutral rating on Lululemon Athletica and reduced the price target from $385 to $315.
The reduction in the price target from $385 to $315 by UBS suggests a less optimistic outlook for Lululemon's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations based on the new target.
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IMPORTANCE 80
RELEVANCE 100