Is Lululemon Stock Finally a Buy Below $170?
Things have gone from bad to worse for (NASDAQ: LULU). Increased competition and changing consumer trends in the United States have triggered a major growth slowdown for the apparel brand, and the stock is now off close to 70% from all-time highs. At a price of $160, the stock is at one of its lowest levels in years.
Shareholders of Lululemon are feeling the pain. At the same time, its valuation is now close to its lowest level ever. Does that make Lululemon stock a slam-dunk buy below $170?
Image source: Getty Images.
Source Fool.com
Lululemon Athletica Inc. Aktie
99,10 €
-3,13 %
Lululemon Athletica Inc. erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Mit einem Kursziel von 194 € für Lululemon Athletica Inc. könnte der aktuelle Kurs von 99.1 € um mehr als die Hälfte steigen.
