TD Cowen Maintains Buy on Lululemon Athletica, Lowers Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Kernan maintains a Buy rating on Lululemon Athletica but lowers the price target from $420 to $375.
August 27, 2024 | 5:24 pm
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TD Cowen analyst John Kernan maintains a Buy rating on Lululemon Athletica but lowers the price target from $420 to $375.
The 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