Reported 1 day ago
UBS has reduced the price target for lululemon athletica inc. (LULU) to $240 from $290 while maintaining a Neutral rating, citing weak sales growth of only 1% in the U.S. during Q2 as the reason for the adjustment. Despite this, Wall Street analysts remain optimistic with a consensus Buy rating, anticipating a one-year average price target of $283.78, which suggests significant upside potential.
Source: YAHOO