Barclays Maintains Equal-Weight on Lululemon Athletica, Lowers Price Target to $261
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Lululemon Athletica and lowers the price target from $263 to $261.
August 30, 2024 | 3:17 pm
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NEUTRAL IMPACT
Barclays has maintained its Equal-Weight rating on Lululemon Athletica but has slightly lowered the price target from $263 to $261, indicating a modestly cautious outlook.
The maintenance of an Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a modestly cautious outlook. This may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100