Lululemon Athletica Inc. - LULU - has had its shares acquired by multiple entities, including
First Foundation Advisors,
Renaissance Group LLC, and
Resona Asset Management Co. Ltd. However, there have also been many sales from companies such as Invesco Ltd., Franklin Resources Inc., and Legal & General Group Plc. Analysts are mixed about the future of the company's stock, with lowered price targets from Robert W. Baird and Truist Financial, but an 'Outperform' rating retained by William Blair. Recent financial reports indicate strong earnings growth, but this hasn't entirely combated a general decline in share price, and certainly not the considerable turbulence caused by ongoing trade talks and tariffs.
Jim Cramer on LULU suggests the firm has played by market rules, but is facing headwinds that could present a 'battleground'. That said, LULU reported strong financial results for Q4 2024, and achieved its goal of providing wellbeing programs and resources to 10 million people.
Lululemon Athletica LULU News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 12 Apr 2025 14:15:58 GMT -
Rating 4
- Innovation 0
- Information 2
- Rumor -5