Lululemon price target lowered to $176 from $210 at Stifel

Stifel lowered the firm’s price target on Lululemon (LULU) to $176 from $210 and keeps a Hold rating on the shares. FY26 EPS guidance of $12.10-$12.30 missed Stifel’s prior $13.55 estimate, notes the analyst, who contends that neither Q4 results or the outlook into 2026 contemplate a return to growth sufficient to lever the cost structure or “inspire greater confidence in growth.”