Lululemon's International Growth And Men's Apparel Drive Optimism Amid US Challenges: Analysts
Portfolio Pulse from Nabaparna Bhattacharya
Lululemon Athletica (NASDAQ:LULU) reported its Q2 financial results, prompting mixed analyst reactions. Analysts highlighted international growth and men's apparel as positive factors, while challenges persist in the U.S. market. Various analysts adjusted their price targets and EPS estimates, reflecting cautious optimism.
August 30, 2024 | 6:29 pm
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NEUTRAL IMPACT
Lululemon's Q2 results led to mixed analyst ratings, with some increasing price targets due to international growth and men's apparel success. However, U.S. market challenges remain a concern.
Analysts provided mixed ratings for Lululemon following its Q2 results. While international growth and men's apparel were highlighted as positives, challenges in the U.S. market were noted. Price targets were adjusted, reflecting cautious optimism. The stock's short-term impact is neutral as positive international growth is offset by domestic challenges.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100