Lululemon says slow consumer spending, tariffs hurt annual forecast

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Lululemon Athletica Inc. (LULU) PT Lowered to $366 at Needham

March 28, 2025 6:06 AM EDT

Needham analyst Tom Nikic lowered the price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $366.00 (from $430.00) while maintaining a Buy rating.

The analyst comments "After raising guidance in early January, LULU put up even more upside in Q4, but it was overshadowed by disappointing... More