Lululemon Athletica Inc. (LULU) has drawn substantial investor and analyst attention, boasting a mix of bullish and bearish sentiment. Despite a 4.98% surge in the stock price, the stock experienced a significant drop, attributed to weak outlook and concerns about decreased consumer spending and trade tariffs. Many renowned financial institutions have altered their holdings such as Natixis reducing stake, Capital World Investors boosting stake and TD Waterhouse Canada lowering stake. Meanwhile, Goldman Sachs and Piper Sandler have lowered their price targets while Seldon Capital has taken a new position. Despite these changes, there is firm belief about LULU's strong returns on capital and favorable trends. Recent earnings call highlighted robust revenue growth and there is anticipation of a bullish options activity as earnings approaches. Trader Jim Cramer has expressed mixed views on LULU. Despite the recent setbacks, LULU remains among the best retail and luxury apparel stocks to invest in.
Lululemon Athletica LULU News Analytics from Sun, 06 Oct 2024 07:00:00 GMT to Fri, 25 Apr 2025 20:26:15 GMT -
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