Lululemon Athletica Inc. (LULU) PT Lowered to $350 at Raymond James

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Truist Securities Reiterates Buy Rating on Lululemon Athletica Inc. (LULU)

August 28, 2024 6:05 AM EDT

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $310.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU)

The analyst comments "Truist Card Data indicates that LULUs 2Q US sales were ~in-line with consensus and that early 3Q trends have remained soft.... More

Lululemon Athletica Inc. (LULU) PT Lowered to $375 at TD Cowen

August 27, 2024 7:58 AM EDT

TD Cowen analyst John Kernan lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $375.00 (from $420.00) while maintaining a Buy rating.

The analyst commented, "Our Focus Groups demonstrate the competitive set has scaled but lululemon maintains a leading position. Management has multiple levers around... More

Jefferies Reiterates Underperform Rating on Lululemon Athletica Inc. (LULU)

August 27, 2024 7:48 AM EDT

Jefferies analyst Randal Konik reiterated an Underperform rating and $220.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU).

The analyst comments "Investor expectations are likely fairly muted heading into 2Q following weaker alt. data and a botched Breezethrough launch. While this... More

Analysts disagree on this major apparel retail stock

August 26, 2024 3:00 PM EDT

Analysts are divided on the outlook for one retailer's stock, with Evercore ISI and Morgan Stanley offering contrasting perspectives on the major apparel company's future.

Evercore ISI maintained an Outperform rating with a $300 price target on Lululemon (NASDAQ: LULU) in a note Monday, but it is cautious about the company's near-term prospects.

The firm recently lowered its earnings estimates after Lululemon abruptly pulled its newly launched "Breezethrough" women's... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Nvidia earnings to take center stage

August 26, 2024 7:34 AM EDT

U.S. stocks climbed on Friday after Federal Reserve Chair Jerome Powell hinted that interest rate cuts are on the horizon.


The Dow Jones Industrial Average rose by 462.30 points, or 1.14%, reaching 41,175.08. The Nasdaq Composite saw a 1.47% increase, closing at 17,877.79, while the S&P 500 gained 1.15%, ending the day at 5,634.61just shy of the all-time highs reached last month.


Fridays performance also capped off a winning week for all three major indexes. The Dow advanced nearly 1.3%, the Nasdaq gained 1.4%, and the S&P 500 climbed 1.45%.


The markets received a boost Friday morning following Powells remarks... More

Lululemon Athletica Inc. (LULU) PT Lowered to $329 at Morgan Stanley

August 26, 2024 6:20 AM EDT

Morgan Stanley analyst Alex Straton lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $329.00 (from $404.00) while maintaining a Overweight rating.

The analyst comments "We see room for a 2Q EPS beat & FY guidance raise on potentially lower-quality drivers, but do... More

Lululemon Athletica Inc. (LULU) PT Lowered to $285 at Wells Fargo

August 23, 2024 6:27 AM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $285.00 (from $350.00) while maintaining a Equal Weight rating.... More