Morgan Stanley Maintains Overweight on Lululemon Athletica, Lowers Price Target to $314
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger maintains an Overweight rating on Lululemon Athletica but lowers the price target from $326 to $314.
October 01, 2024 | 11:39 am
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Morgan Stanley's analyst Alexandra Steiger maintains an Overweight rating on Lululemon Athletica but reduces the price target from $326 to $314.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on LULU's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100