B of A Securities Maintains Buy on Lululemon Athletica, Lowers Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Lululemon Athletica but lowered the price target from $440 to $355.

August 30, 2024 | 11:25 am
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Lululemon Athletica but lowered the price target from $440 to $355, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100