Telsey Advisory analyst Dana Telsey lowered the firm’s price target on Lululemon (LULU) to $175 from $215 and keeps a Market Perform rating on the shares. The company ended FY25 with solid Q4 results, with better-than-expected sales and earnings beat, the analyst tells investors. However, Q1 outlook fell short and the high-end of annual guidance is also “light of expectations,” the firm adds.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LULU:
- Bank of Canada Holds Interest Rates Steady as Economic Concerns Rise
- Early notable gainers among liquid option names on March 18th
- Lululemon price target lowered to $170 from $206 at BNP Paribas
- Morning Movers: Macy’s rises, General Mills slips after quarterly earnings
- Lululemon founder Wilson comments on company board changes