Lululemon Athletica Inc. remains under investor scrutiny, with several changes in stock positions across different organizations. Companies like Grimes & Company Inc., Crossmark Global Holdings Inc., and more have trimmed their holdings whereas Ballentine Partners LLC, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH, Galvin Gaustad & Stein LLC, and several others have increased their stakes. Lululemon's Q4 2024 earnings guidance has created a buzz in the financial market, complemented by KeyCorp's positive forecast for the company's stock price. Notably, the five-year total shareholder returns outpaced the company's underlying earnings growth. Even after a 4% dip following holiday results, market pundits recommend buying the dip. Retail industry gab-guru Jim Cramer lauds Lululemon for its retail momentum. With a boost in its revenue target to $3.58B after strong holiday sales, Wall Street analysts believe the company can outpace market performance. Wells Fargo joins the optimistic bandwagon forecasting strong price appreciation for Lululemon's stock. However, concerns exist about Lululemon's domestic growth despite it performing strongly worldwide. With increased earnings expectations, many question whether Lululemon stock can reach $500 by 2025.
Lululemon Athletica LULU News Analytics from Thu, 29 Aug 2024 07:00:00 GMT to Sat, 25 Jan 2025 13:39:17 GMT -
Rating 5
- Innovation 2
- Information 6
- Rumor 3
