Baird lowered the firm’s price target on Lululemon (LULU) to $190 from $210 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results in what the company called a transition year due its proxy fight and CEO seacrh.
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Read More on LULU:
- Lululemon price target lowered to $176 from $210 at Stifel
- Lululemon price target lowered to $161 from $203 at Barclays
- Balanced View on Lululemon: Strong International Growth Offsets Soft Americas, Keeping Risk‑Reward Neutral
- Closing Bell Movers: Lululemon slips after earnings
- Lululemon Adds Chip Bergh to Board Amid Refresh
