JPMorgan analyst Matthew Boss lowered the firm’s price target on Lululemon (LULU) to $389 from $391 and keeps an Overweight rating on the shares. The firm adjusted estimates in department stores and specialty softlines following its retail conference.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LULU:
- Lululemon price target lowered to $280 from $315 at Piper Sandler
- Lululemon price target lowered to $353 from $424 at Stifel
- Lululemon price target lowered to $297 from $380 at Truist
- Nike Stock Falls after Tariff Shock Hits Vietnam Sourcing
- Sector Spotlight: Tariffs spark consumer goods selloff and cost fears