5 Risks For Lululemon
Portfolio Pulse from Monica Gerson
Goldman Sachs analyst Lindsay Drucker Mann has maintained a Sell rating on Lululemon Athletica (NASDAQ:LULU) and reduced the price target from $48 to $46. She highlighted five near-term risks for the company, including strong brand equity, decelerating inventory turnover, vulnerability due to price increases, weakening traffic, and a slowdown in the online business.
June 13, 2023 | 7:33 am
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Goldman Sachs analyst Lindsay Drucker Mann maintains a Sell rating on Lululemon Athletica (NASDAQ:LULU) and reduces the price target to $46, citing five near-term risks.
The Sell rating and reduced price target by Goldman Sachs indicate a negative outlook for Lululemon Athletica. The five near-term risks highlighted by the analyst, such as strong brand equity, decelerating inventory turnover, vulnerability due to price increases, weakening traffic, and a slowdown in the online business, are likely to have a negative impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100