Telsey Advisory Group Maintains Outperform on Lululemon Athletica, Lowers Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating for Lululemon Athletica but has lowered its price target from $470 to $360.
August 26, 2024 | 3:39 pm
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Telsey Advisory Group has maintained an 'Outperform' rating for Lululemon Athletica but has lowered its price target from $470 to $360.
The 'Outperform' rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
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