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Lululemon price target lowered to $180 from $209 at Barclays

Barclays analyst Adrienne Yih lowered the firm’s price target on Lululemon (LULU) to $180 from $209 and keeps an Equal Weight rating on the shares. The company’s fiscal Q2 results were mixed with sales missing and earnings beating, the analysts tell investors in a research note. The firm says Lululemon’s fiscal Q3 and 2025 earnings outlooks came in 24% and 11% below consensus, respectively, driven by new tariff impacts, product “staleness,” and ongoing U.S. pressure.

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