Baird lowered the firm’s price target on Lululemon (LULU) to $340 from $350 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results as the outlook fell short of elevated expectations.
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Read More on LULU:
- Lululemon price target lowered to $286 from $358 at Deutsche Bank
- Lululemon price target lowered to $324 from $353 at Stifel
- Lululemon price target lowered to $290 from $330 at UBS
- Positive Outlook for Lululemon Athletica Amid Strategic Price Adjustments and Growth Opportunities
- Lululemon price target lowered to $350 from $400 at KeyBanc
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