Raymond James Maintains Outperform on Lululemon Athletica, Lowers Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Rick Patel maintains an Outperform rating on Lululemon Athletica but lowers the price target from $350 to $325.
August 30, 2024 | 12:49 pm
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NEUTRAL IMPACT
Raymond James analyst Rick Patel maintains an Outperform rating on Lululemon Athletica but lowers the price target from $350 to $325.
The Outperform rating suggests continued confidence in Lululemon's performance, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100