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0 0.00609407731860603 0.00285659874309666 0.000190439916206444 0.012505554497556 0.00146003935758262 -0.00463403796102323 -0.0150447533803085
Stock impact report

Lululemon (LULU) Price Target Cut Amid Leadership Concerns [Yahoo! Finance]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: Yahoo! Finance
March 18, Truist Securities reduced its price target for Lululemon Athletica Inc. (NASDAQ:LULU) shares to $170 from $200, keeping a Hold rating. The firm highlighted persistent uncertainty over the company's CEO search as the main driver for the price target adjustment. The athletic gear retailer is under interim leadership for now as it looks for a new CEO. Meanwhile, on March 17, Jefferies reiterated its Hold rating on Lululemon Athletica Inc. (NASDAQ:LULU) and set a $170 price target on the company's shares. The company announced fourth-quarter comparable revenue growth of 3% and EPS of $5.01, exceeding estimates. The company's gross margin declined by about 550 basis points year-over-year, while inventory remained high at 18% above the previous year's levels. The company provided revenue projections for fiscal 2026 of $11.35 billion to $11.5 billion, which exceeded the average estimate of $11.04 billion. Lululemon Athletica Inc. (NASDAQ:LULU), a Canadian athleisure company f Show less Read more
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