Stifel Maintains Buy on Lululemon Athletica, Lowers Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy maintains a Buy rating on Lululemon Athletica but lowers the price target from $416 to $370.
August 22, 2024 | 11:24 am
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Stifel analyst Jim Duffy maintains a Buy rating on Lululemon Athletica but lowers the price target from $416 to $370.
The analyst's decision to maintain a Buy rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100