Down 20%, Is Lululemon a Buy?
Lululemon (NASDAQ: LULU) shares dropped roughly 20% in value last week after the company delivered an earnings report that included less enthusiastic earnings expectations for the year. While its revenues are still expected to be relatively in line with previous guidance, the added costs that tariffs will impose led management to dial back earnings estimates, causing the market to hit the stock pretty hard.
Source Fool.com
Lululemon Athletica Inc. Stock
€136.40
0.150%
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 33 Buy predictions and 5 Sell predictions.
With a target price of 259 € there is a hugely positive potential of 89.88% for Lululemon Athletica Inc. compared to the current price of 136.4 €.
