Reported 23 days ago
Telsey Advisory analyst Dana Telsey has reduced the price target for Lulu’s Fashion Lounge (LVLU) from $2 to $1 while maintaining a Market Perform rating. Despite an EBITDA beat in Q4 due to improved gross margins and better expense management, ongoing challenges with revenue hinder a more significant turnaround, even as the company maintains a positive FY25 adjusted EBITDA outlook.
Source: YAHOO