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Sell lululemon (LULU), buy Nike (NKE) says Jefferies
December 22, 2022 2:06 PM ESTJefferies analyst Randal Konik released a note Thursday providing bearish commentary on lululemon athletica (NASDAQ: LULU), stating the company's "fundamentals have peaked."
The analyst maintained an Underperform rating and a $200 per share price target on the stock.
"Why own LULU when you can own NKE?" the analyst questioned.
"Our latest web scrape data... More
