Why The Lululemon Stock Fell 1.54% (LULU)

By Amit Chowdhry ● Jan 25, 2023
  • The stock price of Lululemon (LULU) fell by 1.54% in the most recent trading session. This is why.

The stock price of Lululemon (LULU) fell by 1.54% in the most recent trading session.

Why: Research report

Price target: Reduced from $340 to $290

Rating: Downgraded from Market Perform to Underperform

Analyst firm: Bernstein

Bernstein analysts adjusted the rating while noting that the company has a reset coming following 25% sales growth over 30% earnings growth for 5 straight years.